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<Research>JPM Adds MGM CHINA (02282.HK) TP to $13.5, Raises FY2025/ FY2026 EBITDA Forecasts
MGM CHINA (02282.HK)'s 1Q25 results exceeded expectations again, with EBITDA hiking about 10% QoQ, making it the only company in Macau to post profit expansion in 1Q25 (the ind...
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<Research>JPM Adds MGM CHINA (02282.HK) TP to $13.5, Raises FY2025/ FY2026 EBITDA Forecasts
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MGM CHINA (02282.HK)  +0.120 (+1.085%)    Short selling $13.44M; Ratio 4.602%   's 1Q25 results exceeded expectations again, with EBITDA hiking about 10% QoQ, making it the only company in Macau to post profit expansion in 1Q25 (the industry average was down 6% QoQ), according to JPMorgan's research report.

Following the release of MGM CHINA's financial results, JPMorgan raised its FY2025-FY2026 EBITDA forecasts by 3%, and recognized MGM CHINA as its top pick. The broker added its target price to $13.5 from $13, with a potential total return of more than 40% (including a 6% regular dividend yield).
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-06 16:25.)

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