Sands China price target raised to HK$27 from HK$25 at Seaport Research

Seaport Research raised the firm’s price target on Sands China (SCHYY) to HK$27 from HK$25 and keeps a Buy rating on the shares. The company’s Q3 results were “solid” in Macau amid continued disruption at Londoner and closure of Cotai Arena, with EBITDA beating estimates, the analyst tells investors. The firm is raising its price target on the stock due to 2025 ramp up catalysts.