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01928 SANDS CHINA LTD
RTNominal up22.050 +0.350 (+1.613%)
Others

10/08/2021 16:51

{I-bank focus}CS lowers Sands China (01928) to HK$27.2

[ET Net News Agency, 10 August 2021] Credit Suisse lowered its target price for Sands
China (01928) to HK$27.2 from HK$33.3 and maintained its "neutral" rating.
The research house said while it continues to like Sands for its strength in base mass
exposure and new Londoner revamp; it believes the sector would continue to see downside
despite its long-term positive view with the uncertainties on timing (could be a prolong
drag), magnitude (a slow pace) and ceiling (capacity may cap growth). (RC)

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