Genting SingaporePrice target:
UOB Kay Hian “hold” 80 cents
Slow recovery even with reopening Genting Singapore, which runs the integrated resort and casino Resorts World Sentosa (RWS), is headed for a slow recovery after shutting for two months in a “wash-out year”, according to analysts from UOB Kay Hian, who have downgraded their call on this stock to “hold” with an unchanged target price of 80 cents.