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<Research>Citi: GALAXY ENT's Potential EBITDA Growth Above Industry Avg. May Drive ST Stock Rise
Recommend 4 Positive 14 Negative 4 |
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Although the EBITDA of the Macau gaming industry is projected to grow by 14% YoY in 4Q25, GALAXY ENT (00027.HK) is expected to log a 31% YoY hike in EBITDA during the same period, Citi said in its research report. This was attributable to several concerts being held at Galaxy Macau and some favorable VIP hold rates. GALAXY ENT's potential EBITDA growth, which is above the industry average, is likely to drive a short-term increase in its stock price, Citi said, setting a target price of HKD54 for the company, with a Buy rating. AASTOCKS Financial News Website: www.aastocks.com |
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