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Galaxy Entertainment: A Beneficiary Of Internal And External Tailwinds (Upgrade)

Source: SeekingAlpha

2025-03-17 11:42:21 ET

Summary

  • I upgraded Galaxy Entertainment Group Limited to a Buy after analyzing corporate and industry developments.
  • GXYYY stock is poised for further share gains, taking into account the company's plans to optimize its property portfolio, and its strong entertainment event pipeline.
  • Macau's February 2025 Gross Gaming Revenue was better than expected, which has favorable read-throughs for the industry's full-year outlook.

My rating for Galaxy Entertainment Group Limited ( GXYYY ) ( GXYEF ) (0027:HK) or GEGL is raised to a Buy. I was previously Neutral, considering the positive Q3 results and competition-related risks outlined in the late-Nov 2024 article ....

Read the full article on Seeking Alpha

For further details see:

Galaxy Entertainment: A Beneficiary Of Internal And External Tailwinds (Upgrade)
Galaxy Entertainment Group Ltd ADR

NASDAQ: GXYYY

GXYYY Trading

0.6% G/L:

$22.49 Last:

22,232 Volume:

$22.60 Open:

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GXYYY Latest News

GXYYY Stock Data

$24,177,188,715
874,717,392
N/A
N/A
Hotels, Lodging & Leisure
Consumer Discretionary
HK

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