Citigroup: Includes Galaxy Entertainment (00027.HK) in the list of 30-day catalyst observation targets, with a target price of 44 Hong Kong dollars.
Zhitong Financial APP learned that Citigroup released a research report stating that Galaxy Entertainment (00027.HK) is expected to become the operator with the largest increase in EBITDA market share in the second quarter of this year (according to the bank's forecast, it will increase by 1.7 percentage points to about 24.2%), believing that this will have a positive impact on its recent stock price performance. Citigroup added Galaxy Entertainment to its list of 30-day catalyst observations, with a target price of HK$44 and a "buy" rating. The bank pointed out that Galaxy Entertainment's expansion plans still have a long way to go, mentioning their plans to build four phases and a hotel resort project, which will drive their future growth.
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