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Goldman Sachs: Maintains a 'buy' rating on galaxy ent (00027) with a target price of 54.2 Hong Kong dollars.
According to the bank's estimate, the market share of silver entertainment's gambling revenue and EBITDA is expected to rise to 19% and 20.7% in the third quarter, and further increase to 20.3% and 22% in the fourth quarter.
HK Stock Market News | galaxy ent (00027) rose nearly 3%, the group is interested in bidding for Thai gambling licenses, goldman sachs further raises its EBITDA market share.
Galaxy Ent (00027) rose nearly 3%, as of the time of publication, rose 2.12%, to 33.7 Hong Kong dollars, with a turnover of 89.1033 million Hong Kong dollars.
16% Of This Galaxy Entertainment Group Insider's Holdings Were Sold
Right For Malaysia's Energy Transition To Include Nuclear
HK stocks fluctuate | Macau casino stocks generally fell today. Gambling revenue in November may significantly decline month-on-month. Large institutions say retail remains weak.
Macau casino stocks fell today, as of the time of publication, Sands China (01928) fell by 5.11%, closing at HK$19.5; Galaxy Ent (00027) fell by 4.17%, closing at HK$34.45; mgm china (02282) fell by 4%, closing at HK$9.59; wynn macau (01128) fell by 4.06%, closing at HK$5.67.
Morgan Stanley: Latest rating and target price of Macau casino stocks (table). Galaxy Ent (00027) was the only market share growth in October.
Galaxy Ent (00027) saw a 4 percentage point increase in market share in October to 21%, the only Macau gaming enterprise to achieve market share growth during the period. Management attributed this to the concert held by the movie star Andy Lau during the National Day Golden Week.
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