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大行评级|摩根大通:上调美高梅中国目标价至17港元 评级“增持”

Bank Ratings | J.P. Morgan Chase: Raising MGM's China Target Price to HK$17 to “Increase Your Weights”

Gelonghui Finance ·  Feb 18 10:56

J.P. Morgan Chase released a report saying that although MGM China had a strong start in January, it will still maintain its original revenue growth forecast, and the EBITDA forecast for the current and next two years will each be raised by 5% to reflect the better results for the end of last year. The bank mentioned that the Group's EBITDA reached a record high of HK$2.19 billion at the end of last year, more than 40% higher than the pre-pandemic level, and more than the upper limit of market expectations. The bank raised the Group's target price from HK$15.5 to HK$17, with a rating of “increase in holdings”.

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