UOB Kay Hian: Cuts Galaxy Entertainment (00027.HK) target price by 9% to HK$43, maintains "Buy" rating

Zhitong Finance APP has learned that UOB Kay Hian issued a research report stating that it has lowered the target price of Galaxy Entertainment (00027.HK) by 9% from HK$47 to HK$43, while maintaining a "Buy" rating. The bank pointed out that Galaxy Entertainment's gross gaming revenue market share in the third quarter of 2026 increased by 1.7 percentage points quarter-on-quarter to 22.0%, but due to a decline in profit margins, adjusted EBITDA fell by 9% quarter-on-quarter.