DBS: Lowering target price for Sands China (01928.HK) to 22.86 Hong Kong dollars. Global outlook remains volatile.

Zhixin Finance APP learned that DBS released a research report stating that it is expected that the compound annual growth rates of revenue and profit for Sands China (01928.HK) for the fiscal years 2024 to 2026 will be 10% and 27% respectively. Considering the continued tense geopolitical situation and the unpredictable global outlook, a more conservative attitude is maintained, with the target price lowered from HKD 26.62 to HKD 22.86, and a "buy" rating is given.