, an analyst from UOB Kay Hian, maintained the Buy rating on Genting Singapore. The associated price target was lowered to S$0.89.
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UOB Kay Hian has given his Buy rating due to a combination of factors influencing Genting Singapore’s performance. Despite the short-term challenges faced in the second quarter of 2025, such as reduced footfall at Resorts World Sentosa and increased staff costs due to ongoing renovations and new attractions, the firm remains optimistic about the company’s mid to long-term prospects.
The rating is supported by Genting Singapore’s attractive valuation and a robust dividend yield of 5.3%, which are seen as compelling reasons for investment. Furthermore, the gaming segment showed resilience with an increase in VIP volume, which helped offset the weaker performance in the mass market segment. These elements, combined with the potential for improved operational efficiencies once renovations are complete, underpin UOB Kay Hian’s positive outlook on the stock.
In another report released on July 24, CGS-CIMB also reiterated a Buy rating on the stock with a S$1.05 price target.