SANDS CHINA Ltd/ADR (SCHYY) Downgraded by HSBC

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SANDS CHINA Ltd/ADR (OTCMKTS:SCHYY) was downgraded by stock analysts at HSBC from a “buy” rating to a “hold” rating in a research note issued on Wednesday, The Fly reports.

SCHYY has been the subject of a number of other reports. Credit Suisse Group lowered shares of SANDS CHINA Ltd/ADR from an “outperform” rating to a “neutral” rating in a research note on Wednesday, March 6th. Sanford C. Bernstein raised shares of SANDS CHINA Ltd/ADR from a “mkt perform” rating to an “outperform” rating in a research note on Friday, January 18th. Macquarie started coverage on shares of SANDS CHINA Ltd/ADR in a research note on Monday, April 8th. They set a “neutral” rating for the company. Finally, Jefferies Financial Group started coverage on shares of SANDS CHINA Ltd/ADR in a research note on Monday, April 8th. They set a “buy” rating for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. SANDS CHINA Ltd/ADR has a consensus rating of “Hold”.

Shares of OTCMKTS SCHYY opened at $55.04 on Wednesday. SANDS CHINA Ltd/ADR has a twelve month low of $37.63 and a twelve month high of $62.06. The stock has a market capitalization of $43.67 billion, a price-to-earnings ratio of 27.80 and a beta of 1.45.

About SANDS CHINA Ltd/ADR

Sands China Ltd., an investment holding company, develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao-Resort-Hotel, the Sands Cotai Central resort, The Parisian Macao resort, The Plaza Macao, and Sands Macao casino; the CotaiExpo, an convention and exhibition hall; the Cotai Arena, an entertainment venue; and luxury and mid-market retail malls with approximately 800 shops.

See Also: How To Calculate Debt-to-Equity Ratio

The Fly

Analyst Recommendations for SANDS CHINA Ltd/ADR (OTCMKTS:SCHYY)

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