In a report released today, Brandt Montour from Barclays maintained a Buy rating on Las Vegas Sands (LVS – Research Report), with a price target of $60.00. The company’s shares closed yesterday at $52.45.
According to TipRanks, Montour is a 5-star analyst with an average return of 12.1% and a 57.51% success rate. Montour covers the Consumer Cyclical sector, focusing on stocks such as Vail Resorts, Choice Hotels, and MGM Resorts.
Las Vegas Sands has an analyst consensus of Strong Buy, with a price target consensus of $64.00, representing a 22.02% upside. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a $62.00 price target.
The company has a one-year high of $64.83 and a one-year low of $43.42. Currently, Las Vegas Sands has an average volume of 4.37M.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LVS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Las Vegas Sands (LVS) Company Description:
Founded in 2004, Nevada-based Las Vegas Sands Corp. is a leading global developer of destination properties that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. It operates integrated resorts in Asia and the United States.
Read More on LVS:
- Bet On It: Macau gaming bureau reports big growth in March revenue
- Las Vegas Sands (NYSE:LVS) Stock: An S&P 500 Entertainment Stock with Solid Potential
- Las Vegas Sands Subsidiary Sets New Expansion Timelines
- Las Vegas Sands Secures $1.5 Billion Revolving Credit Facility
- Las Vegas Sands call volume above normal and directionally bullish
