[ET Net News Agency, 4 March 2021] UBS Global Research lifted its target price for
Sands China (01928) to HK$44.3 from HK$38.3 and maintained its "buy" rating.
The research house expects Macau's GGR to reach 58% of the 2019 level in 2021 and be on
a par with the 2019 level in 2022. It also expects mass to outperform the VIP segment in
the potential recovery.
UBS expects Sands China to benefit from the new premium hotel supply in Grand Suites at
Four Seasons (290 keys), The Londoner Court (370 keys), and The Londoner Hotel (600 keys).
It said that Sands is highly exposed to the mass segment, with about 73%/24%/3% of 2019
EBITDA coming from mass/non-gaming/VIP segments. (KL)
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Super Quote | Detail Quote | Interactive Chart | Transaction | Related News | Related Securities | Company Information | Dividend Records | Short Sell
01928 SANDS CHINA LTD
Nominal 
18.460 -0.020 (-0.108%) Others
04/03/2021 17:12
{I-bank focus}UBS lifts Sands China (01928) to HK$44.3
| Remark: | Real time quote last updated: 24/04/2024 17:59 |
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