Brokerage Firm Rating Update on Las Vegas Sands (LVS)

Las Vegas Sands (LVS) : 2 brokerage houses believe that Las Vegas Sands (LVS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Las Vegas Sands (LVS). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Hold with a rating of 2.75.

Las Vegas Sands (LVS) : The highest short term price target forecast on Las Vegas Sands (LVS) is $60 and the lowest target price is $32. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $48.9 with a standard deviation of $7.95.


Company shares have received an average consensus rating of Hold for the current week Also, Buckingham Research initiates coverage on Las Vegas Sands (NYSE:LVS). The current rating of the shares is Neutral, according to the research report released by the firm. The rating by the firm was issued on August 11, 2016.

Las Vegas Sands (NYSE:LVS): The stock opened at $54.89 and touched an intraday high of $55.47 on Wednesday. During the day, the stock corrected to an intraday low of $54.84, however, the bulls stepped in and pushed the price higher to close in the green at $55.05 with a gain of 0.58% for the day. The total traded volume for the day was 3,879,160. The stock had closed at $54.73 in the previous trading session.

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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