Las Vegas Sands (LVS) : The consensus price target for Las Vegas Sands (LVS) is $50.17 for the short term with a standard deviation of $7.96. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $32.
Las Vegas Sands (LVS), A reduction of 397,203 shares or 2.6% was observed in the short interest of Las Vegas Sands Corp The interest on June 30,2016 came in at 15,023,083 shares and as per the average daily trading of 4,194,569 shares, the days to cover are 4. The reduced interest is 4.2% of the floated shares. The data of June 15,2016 put the interest at 15,420,286 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Brokerage firm CLSA maintains its rating on Las Vegas Sands (NYSE:LVS). As per the latest information, the brokerage house raises the price target to $50 per share from a prior target of $48. The shares have been rated Outperform. 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 $46.09, the bulls momentum made the stock top out at $46.14 level for the day. The stock recorded a low of $45.51 and closed the trading day at $46.01, in the green by 0.39%. The total traded volume for the day was 2,845,477. The stock had closed at $45.83 in the previous days trading.
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.