Brokers & Research Providers
Research providers covering GCC-listed companies. Consensus ratings aggregate analyst views on target prices and buy/hold/sell recommendations.
Stocks Covered
327
Buy
184
Hold
123
Sell
20
Avg Analysts/Stock
4.8
Research Providers
Yahoo Finance
US
Yahoo Finance aggregates analyst consensus data from multiple brokerages worldwide. Their consensus ratings and price targets reflect the combined views of international analysts covering GCC-listed stocks.
Al Rajhi Capital
SA
Research arm of Al Rajhi Bank, Saudi Arabia's largest Islamic bank. Covers 50+ TDWL stocks. Major research house for Saudi equities.
SNB Capital
SA
Investment arm of Saudi National Bank (formerly NCB Capital). Largest Saudi asset manager. Extensive TDWL coverage.
Riyad Capital
SA
Research arm of Riyad Bank. Covers major Saudi sectors including banking, petrochemicals, and telecoms.
AlJazira Capital
SA
Investment arm of Bank AlJazira. Publishes earnings previews, sector reports, and company initiations for TDWL stocks.
Derayah Financial
SA
Saudi independent broker. Publishes detailed initiations and target price updates for mid/small-cap Saudi stocks.
Saudi Fransi Capital
SA
Research arm of Banque Saudi Fransi. Covers Saudi banking and industrial sectors.
Alinma Capital
SA
Investment arm of Alinma Bank. Saudi Islamic bank research.
Jadwa Investment
SA
Leading Saudi independent investment firm. Publishes macro research, sector reports, and IPO analysis.
Yaqeen Capital
SA
Saudi independent broker providing equity research and brokerage services.
GIB Capital
SA
Investment arm of Gulf International Bank. Cross-GCC research coverage.
BSF Capital
SA
Research arm of Banque Saudi Fransi / BSF. Covers Saudi equities.
United Securities
OM
Omani brokerage (United Securities LLC). Covers TDWL and MSX stocks. Active Argaam contributor.
Ubhar Capital
OM
Omani investment bank. Publishes research on GCC equities including Saudi, Oman, and UAE stocks.
EFG Hermes
EG
Largest investment bank in MENA. Covers 200+ stocks across GCC, Egypt, and frontier markets. Premium research.
Arqaam Capital
AE
Dubai-based independent research house. Specialist in GCC equity research across all exchanges.
FAB Securities
AE
Research arm of First Abu Dhabi Bank, UAE's largest bank. Covers UAE and broader GCC stocks.
Emirates NBD Capital
AE
Investment arm of Emirates NBD. UAE banking and real estate sector focus.
Kamco Invest
KW
Kuwait-based investment company. Publishes GCC equity research with strong Kuwait and Saudi coverage.
SICO Capital
BH
Bahrain-based regional broker. Covers GCC equities with focus on banking and petrochemicals.
CI Capital
EG
Egyptian investment bank. Covers Egypt and broader MENA including Saudi and UAE.
QNB Capital
QA
Research arm of Qatar National Bank, largest bank in MENA by assets. Covers Qatar and GCC stocks.
Markaz (Kuwait Financial Centre)
KW
Kuwait-based asset manager. Publishes MENA equity research and strategy reports.
HSBC
GB
Global bank with dedicated GCC equity research team. Covers major Saudi and UAE banks, telecom, and petrochemicals.
Morgan Stanley
US
Global investment bank. Covers large-cap Saudi and UAE stocks including Aramco, Al Rajhi, Emaar.
Jefferies
US
US investment bank with growing GCC coverage. Initiated coverage on several Saudi banks in 2025-2026.
Goldman Sachs
US
Global investment bank. Selective coverage of Saudi large-caps.
J.P. Morgan
US
Global investment bank. Saudi equity research team covers banks, petrochemicals, and consumer.
Bank of America
US
Global bank (Merrill Lynch KSA). Covers Saudi large and mid-cap stocks.
Citigroup
US
Global bank. Saudi and UAE equity coverage focused on banks and energy.
Deutsche Bank
DE
German global bank. Selective GCC equity coverage.
UBS
CH
Swiss global bank (absorbed Credit Suisse Saudi Arabia). GCC equity research.
Barclays
GB
UK global bank. Selective Saudi and UAE coverage.
Exchange Member Firms
Licensed trading members and broker-dealers on GCC exchanges. See Broker Flow Intelligence for trading activity data.
TDWL (34 members)
This analysis is based on available data and disclosed methodology. Our models estimate outcomes using specific inputs and assumptions — the methodology is described on this page. Observations may not account for all relevant factors. This content is provided for educational and informational purposes only.