[I-bank focus]CS lifts Sands China to "outperform"& HK$78.2

    Credit Suisse raised its target price for Sands China (01928) to HK$78.2 from HK$62, and upgraded the stock to "outperform" from "neutral".
  The research house estimated that Sands China's property EBITDA will grow 38% YoY to a record US$856m in 4Q 2013. It expects ramp-up of Cotai Central to have made good progress, with property EBITDA inflating 143% YoY, backed by the 61% increase in GGR.
  The house raised its 2013-15 forecasts by 1-7% on high industry GGR projections.