Shared on22 Aug 25Fair value Increased 22%
Consensus price targets for SkyCity Entertainment Group have been revised upward, driven by a notable improvement in net profit margin and supported by a slightly higher future P/E, resulting in the fair value estimate rising from NZ$1.60 to NZ$1.88. What's in the News SkyCity Entertainment Group announced a NZD 240 million follow-on equity offering via a rights issue and direct listing, issuing over 340 million new ordinary shares at NZD 0.70 per share.