A report released today by Deutsche Bank about Las Vegas Sands (NYSE:LVS) raises the target price to $44.00
- Updated: October 19, 2016
Just yesterday Las Vegas Sands (NYSE:LVS) traded 1.31% higher at $57.45. Las Vegas Sands’s 50-day moving average is $56.86 and its two hundred day average is $49.92. With the last close up 16.60% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 1,366,300 shares of LVS changing hands under the typical 3,950,930
In a statement issued on Wednesday October 19, 2016 Deutsche Bank upped the price target of Las Vegas Sands (NYSE:LVS) from $42.00 to $44.00 stating a potential downside of -0.23%.
Previously on 10/11/2016, Vetr Inc. reported about Las Vegas Sands (NYSE:LVS) raised the target price from $0.00 to $68.87. At the time, this indicated a possible upside of 0.17%.
With a total market value of $0, Las Vegas Sands has PE ratio of 28.33 with a one year low of $34.88 and a one year high of $60.00 .
A total of 17 brokerages have released a report on Las Vegas Sands. Two brokerages rating the company a strong buy, seven brokerages rating the company a buy, ten brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $50.24.
Brief Synopsis 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, privileges and members-only events.
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