Arqaam Capital Downgrades Malath Cooperative Insurance to Sell, Cuts PT

08:35 AM EDT, 10/19/2026 (MT Newswires) -- Arqaam Capital on Monday lowered Saudi Arabian insurer Malath Cooperative Insurance Co. (SASE:8020) to sell from hold and decreased its price target to 7.50 Saudi riyals from 11.10 riyals. (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)