Genting Singapore (GENS)

Company in the news

Genting Singapore's RWS handed $2.25 mil penalty for customer due diligence breaches

RWS had previously been penalised a total of $95,000 by GRA between April 2022 and March 2023 for similar lapses.

Results

Genting Singapore NPAT up 59% y-o-y to $216.3 million for 3QFY2023

The company posted revenue of $689.9 million for the quarter, up 33% y-o-y.

Broker's Calls

Maybank Securities and Citi Research maintain 'buy' on Genting Singapore, following tripled 1HFY2023 earnings

Both brokerage houses like Genting Singapore as a post-Covid recovery play, anticipate stronger earnings with return of tourists.

Broker's Calls

CLSA upgrades Genting Singapore to ‘buy’ amidst healthy recovery

CLSA upgrades Genting Singapore to ‘buy’ at an unchanged target price of $1.26.

Singapore economy

UOB Kay Hian moderates STI target to 3,240 but Singapore market 'still the place to be'

The brokerage’s key focus for stocks in 2H2023 include counters such as Capitaland Investment, Genting Singapore and Keppel Corp.

Broker's Calls

Citi lowers Genting Singapore’s earnings forecasts and TP on opex inflation

Citi analysts George Choi and Ryan Cheung have lowered their target price to $1.23 while keeping their "buy" call on the stock.

Broker's Calls

Broker’s Digest: OCBC, ComfortDelGro, LHN, UOL, Genting Singapore

Here are some stocks under the brokers' radars this week.

Broker's Calls

Genting Singapore is still in the recovery game

Genting Singapore is recovery, but slowly.
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