Genting Singapore Soars 3.25% as Analysts Highlight Bright Earnings Outlook-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Genting Singapore Soars 3.25% as Analysts Highlight Bright Earnings Outlook

Stock Track11-11

Genting Singapore's stock (G13.SI) surged 3.25% in Tuesday's trading session, buoyed by positive analyst sentiment and a promising outlook for the casino operator. The company's shares rallied as investors responded to reports of strong growth potential and upcoming catalysts.

UOB Kay Hian analyst Jack Goh maintained a buy rating on Genting Singapore, citing several factors contributing to the company's bright prospects. The analyst highlighted an expected influx of tourists and a series of major crowd-drawing events in Singapore's fourth quarter, including the Formula 1 night race, Anime Festival Asia, and the Marina Bay Singapore Countdown. These events are anticipated to boost visitor numbers and spending at Genting's Resorts World Sentosa.

Furthermore, the company's intensified marketing efforts through digital platforms are expected to attract more footfall and increase customer spending. With these positive tailwinds and a target price of S$0.89 set by UOB Kay Hian, compared to the previous closing price of S$0.77, investors appear optimistic about Genting Singapore's growth potential, driving the stock's significant uptick in today's trading session.

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BoonHuat
·11-11
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With these positive tailwinds and a target price of S$0.89 set by UOB Kay Hian, compared to the previous closing price of S$0.77, investors appear optimistic about Genting Singapore&#39;s growth potential, driving the stock&#39;s significant uptick in today&#39;s trading session.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"G13.SI":"云顶新加坡"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119900552","content_text":"Genting Singapore's stock (G13.SI) surged 3.25% in Tuesday's trading session, buoyed by positive analyst sentiment and a promising outlook for the casino operator. The company's shares rallied as investors responded to reports of strong growth potential and upcoming catalysts.\nUOB Kay Hian analyst Jack Goh maintained a buy rating on Genting Singapore, citing several factors contributing to the company's bright prospects. 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