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Morgan Stanley upgrades Genting Singapore to overweight

Morgan Stanley upgrades Genting Singapore to overweight

NEW YORK (April 12): Morgan Stanley analyst Praveen K Choudhary upgraded the recommendation on Genting Singapore Plc to overweight from equal-weight.

* Genting Singapore had 16 buys, 6 holds, 0 sells previously

* Analysts raised their consensus one-year target price for the stock by 13 percent in the past six months.

Performance Metrics

* Investors who followed Choudhary's recommendation would have received a 22 percent return in the past year, compared with the 8.9 percent return on the shares.

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