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Genting outlook boosts bets against gaming firm

Published Thu, Nov 27, 2014 · 09:50 PM
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Singapore

ANALYSTS are the least optimistic about Genting Singapore plc in a year as slumping casino revenue from high-rollers curbs earnings prospects for the second-worst performing stock on the city's benchmark gauge.

The difference between Genting's share price and analysts' predictions for where it will be in 12 months narrowed on Wednesday to the least since December 2013, according to data compiled by Bloomberg. Twelve-month average price targets dropped to S$1.24…

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