Las Vegas Sands (LVS) Receives Price Target

Las Vegas Sands (LVS) : 10 investment research analysts covering Las Vegas Sands (LVS) have an average price target of $48.9 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $32 for the short term. Analysts expect the variance to be within $7.95 of the average price.

Las Vegas Sands (LVS) has an average broker rating of 2.75, which is interpreted as a Hold, as rated by 12 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.


Also, Buckingham Research initiates coverage on Las Vegas Sands (NYSE:LVS). Buckingham Research has a Neutral rating on the shares. The rating by the firm was issued on August 11, 2016.

Las Vegas Sands (NYSE:LVS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.97 and $51.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.81, notching a gain of 7.17% for the day. The total traded volume was 10,427,075 . The stock had closed at $50.21 on the previous day.

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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