Genting Singapore Likely to Gain With Upbeat Industry Outlook -- Market Talk

Dow Jones02-19

0452 GMT - Genting Singapore's 2026 Ebitda is likely to improve, says DBS Group Research's Zheng Feng Chee in a note. Gambling volume momentum in Singapore is likely keep growing in 2026, he says, citing the upbeat outlook from casino peer Marina Bay Sands. Genting Singapore is well-positioned to defend its market share in 1Q thanks to an increased number of flights from China before the Lunar New Year, which is likely to translate into a meaningful gain in its casino's gaming volumes, he adds. Also, new leadership hires at Genting Singapore's casino suggests a serious review of its operations, he says. DBS raises its rating to buy from hold and lifts its target price to S$0.90 from S$0.80. Shares rise 3.9% to S$0.80. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

February 18, 2026 23:52 ET (04:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment