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RHB raises targets on Genting, sees potential upside in dividends
It believes pent-up demand for travel will drive return of tourists from company's traditional markets in Asean, North Asia
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Published Fri, Apr 8, 2022 · 09:50 PM
Singapore
RHB on Friday (Apr 8) raised its target price on Genting Singapore to S$0.95 from S$0.90, amid a more optimistic outlook after checking in with the integrated resort operator's management.
"We still like this company for its recovery from borders reopening and potential upside in dividends," the research team said.
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