ANALYSTS REMAIN BULLISH ABOUT MACAU GAMING STOCKS

2014/9/5

From：Macau Business

Stock analysts are still recommending that investors buy shares in Macau casino operators, even though the market value has fallen by an average of 27 percent in the past six months, Bloomberg reports.

The news agency says that on a scale of one to five, where five denotes a unanimous recommendation to buy, the consensus among analysts gives Macau casino operators a rating of 4.3, having given them a rating of 4.4 before.

The prices of Macau gaming stocks have fallen because casino operators have had their earnings squeezed by the slowing of economic growth in the mainland, a campaign against corruption there, and wage inflation in Macau.

Copyright@Macau Business