Research
AlphaMena Downgrades Bahri to Add Rating
AlphaMena on Wednesday downgraded shipping company The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, to add from buy and affirmed its price target at 45.40 Saudi riyals.
SASE:4030
SASE:4030
9 stories mentioning SASE:4030Updated 12d ago
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Equities
Bahri Confirms Vessel Involved in Strait of Hormuz Security Incident
The National Shipping Co of Saudi Arabia (SASE:4030), d/b/a Bahri, confirmed that its SIDR vessel was involved in a security incident while passing through the Strait of Hormuz on Monday.The shipping company said in a Wednesday post on X, formerly Twitter, that two of the vessel's seafarers died due to the incident.Bahri noted that it remains in contact with the vessel and is coordinating with the relevant authorities and industry stakeholders as it closely monitors the situation.
SASE:4030
Research
AlphaMena Lifts Bahri PT, Maintains Buy Rating
AlphaMena on Thursday increased the price target for shipping company The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, to 45.80 Saudi riyals from 42.10 riyals, while keeping its buy rating.
SASE:4030
Equities
Bahri Unit Opens Two Ship Agency Offices at Saudi Ports
Bahri Logistics, a business unit of The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, opened two new ship agency offices at the ports of Yanbu and Ras Tanura in Saudi Arabia.The shipping company's subsidiary will use the two offices to provide ship agency services, including coordination of vessel port calls, crew-related requirements and handling of vessel operational and cargo documentation, among others, according to a Monday release.
SASE:4030
Research
AlphaMena Reduces Bahri's PT, Maintains Buy Rating
AlphaMena on Thursday reduced the price target for shipping company The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, to 42.10 Saudi riyals from 47.10 riyals and affirmed its buy rating.
SASE:4030
Research
EFG-Hermes Brokerage Upgrades Bahri to Buy Rating
EFG-Hermes Brokerage on Wednesday upgraded shipping company The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, to buy from neutral and kept its price target at 38.00 Saudi riyals.
SASE:4030
Research
EFG-Hermes Brokerage Affirms Bahri at Neutral, Boosts PT
EFG-Hermes Brokerage on Thursday increased the price target for shipping company The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, to 38 Saudi riyals from 33 riyals, while retaining its neutral rating.
SASE:4030
Research
AlphaMena Downgrades Bahri to Add Rating, Lifts PT
AlphaMena on Wednesday lowered shipping company The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, to add from buy, while increasing its price target to 44.40 Saudi riyals from 43.60 riyals.
SASE:4030
Research
Arqaam Capital Lifts Bahri PT, Affirms Buy Rating
Arqaam Capital on Sunday increased the price target for shipping company The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, to 36.50 Saudi riyals from 35 riyals, while retaining its buy rating.
SASE:4030
