FAB Securities on Wednesday raised petrochemical company Sabic Agri-Nutrients (SASE:2020) to accumulate from hold, while maintaining its price target at 138 Saudi riyals.
What else is happening in Equities?
Equities
GTT Affirms FY26 Targets
Gaztransport & Technigaz (GTT.PA), d/b/a GTT, said Tuesday it maintained its financial targets for full-year 2026.For the 12 months ending Dec. 31, the French liquefied gas transport and storage group expects consolidated revenue between 740 million euros and 780 million euros. In the second half of the year, it expects to generate 300 million euros of revenue.The company also affirmed expectations for revenue of 655 million euros in 2027, 603 million euros in 2028, and 295 million euros in 2029 and beyond.
$GTT.PA
Equities
TechnipFMC Keeps Quarterly Dividend at $0.05 a Share, Payable Sept. 2 to Holders of Record Aug. 18
$FTI
Equities
Nabors Industries Q2 Net Loss Narrows, Revenue Falls
Nabors Industries (NBR) reported a Q2 net loss late Tuesday of $2.04 per diluted share, compared with the loss of $2.71 a year earlier.Analysts polled by FactSet expected a loss of $1.30.Operating revenue in the three months ended June 30 fell to $814.8 million from $832.8 million a year earlier.Analysts expected $809.3 million.
$NBR