A report released today by CLSA about Las Vegas Sands (NYSE:LVS) raises the target price to $58.00
- Updated: September 19, 2016
Reporting a possible downside of -0.01%, CLSA upped the estimated target of Las Vegas Sands (NYSE:LVS) to $58.
Showing a price of $58.31, Las Vegas Sands (NYSE:LVS) traded 0.00% even on the day. With the last stock close up 19.48% from the two hundred day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Las Vegas Sands has recorded a 50-day average of $52.09 and 200-day average of $48.80. 2,572 shares of Las Vegas Sands were exchanged, down from ann avg. volume of 4,021,510
See Graphic Below:
With a total market value of $0.0, Las Vegas Sands has a price-earnings of 28 with a 52 week low of $34.88 and a 52 week high of $57.19.
In addition to CLSA reporting it’s price target, a total of 17 equity analysts have reported on Las Vegas Sands. The one year target price is $50.24 with two firms rating the company a strong buy, seven analysts rating the company a buy, 10 analyts rating the stock a hold, one brokerage rating the stock to underperform, and lastly 0 firmsrating the company as sell.
More About Las Vegas Sands (NYSE:LVS)
Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States. The Company’s principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, the Company’s segments are The Venetian Macao, Sands Cotai Central, Four Seasons Macao, Sands Macao and Other Asia (comprises the Company’s ferry operations and various other operations). In Singapore, the Company’s segment is Marina Bay Sands. In the United States, the Company’s segments are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. It also offers players club loyalty programs at its properties, which provide access to rewards, and privileges and members-only events.
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