Price Target Update on Las Vegas Sands (NYSE:LVS)

Las Vegas Sands (NYSE:LVS) : Average target price received by Las Vegas Sands (NYSE:LVS) is $50.83 with an expected standard deviation of $7.73. The most aggressive target on the stock is $60, whereas the most downbeat target is $32. 12 financial analysts are currently covering the stock.

Other Equity analysts have also commented on the company shares. In a research note released to the investors, CLSA maintains its rating on Las Vegas Sands (NYSE:LVS).The analysts at the brokerage house have a current rating of Outperform on the shares. In a recent information released to the investors, CLSA raises the new price target from $48 per share to $50 per share. The rating by the firm was issued on April 29, 2016.

Las Vegas Sands (NYSE:LVS): stock turned positive on Thursday. Though the stock opened at $45.47, the bulls momentum made the stock top out at $46.17 level for the day. The stock recorded a low of $45.45 and closed the trading day at $46.16, in the green by 2.74%. The total traded volume for the day was 3,965,208. The stock had closed at $44.93 in the previous days trading.

The company shares have dropped -12.89% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $57.77 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $45.85 and the 200 Day Moving Average price is recorded at $45.94. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (President & COO) of Las Vegas Sands Corp, Goldstein Robert G had sold 97,943 shares worth of $4,138,092 in a transaction dated January 4, 2016. In this transaction, 97,943 shares were sold at $42.25 per share.

Las Vegas Sands Corp. (LVSC) is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Companys principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, its operating segments are The Venetian Macao; Sands Cotai Central; Four Seasons Macao; Sands Macao, and Other Asia (that includes its ferry operations and various other operations). In Singapore, its operating segment is Marina Bay Sands. In the United States, its operating segments are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. The Paiza Club located at the Companys properties is an invitation-only club, which offers a range of services and amenities. The Company also offers players club loyalty programs at its properties.

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