HSBC Lowers Riyad Bank's PT, Affirms Buy Rating

08:33 AM EDT, 09/03/2026 (MT Newswires) -- HSBC on Wednesday lowered the price target for Saudi lender Riyad Bank (SASE:1010) to 24.10 Saudi riyals from 25.50 riyals and reiterated its buy rating. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)