400bonuscasino|美高梅中国(02282.HK)：目标价上调至18.35港元，EBITDA利润率达30.3%

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[Citi raises MGM China target price to 18400bonuscasino.35 Hong Kong dollars]

Citi in its latest research report400bonuscasino, against MGM China (02282400bonuscasino.HK)400bonuscasinoThe rating of the company remains unchanged as "Buy", and its target price is revised upward from HK$17 to HK$18.35.

The company's quarterly results hit a record high, with EBITDA margins rising to 30.3%, higher than Citi's previous estimate of 29.4%.

MGM management said it will continue to strive to maintain its market share at around 15%, and strive to maintain a high profit margin of around 20%.

Citi analysis believes that MGM will continue to benefit for most of the year, relying on its early adoption of smart gaming table technology.

In the long run, this advantage will help MGM gain more market share in the fierce market competition.