DBS Remains a Buy on Sands China (SCHYF)
In a report released today, Mavis Hui from DBS maintained a Buy rating on Sands China (SCHYF – Research Report), with a price target of HK$22.86. The company's shares closed last Friday at $1.85.
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According to TipRanks, Hui is a 2-star analyst with an average return of 0.1% and a 43.75% success rate. Hui covers the Consumer Cyclical sector, focusing on stocks such as Samsonite International SA, Prada SpA, and Galaxy Entertainment Group.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sands China with a $2.80 average price target.
Based on Sands China's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.55 billion and a net profit of $541 million. In comparison, last year the company earned a revenue of $2.9 billion and had a net profit of $175 million
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