Wells Fargo analyst Daniel Politzer maintained a Buy rating on Las Vegas Sands (LVS – Research Report) today and set a price target of $62.00. The company’s shares closed last Friday at $50.43.
Politzer covers the Consumer Cyclical sector, focusing on stocks such as Churchill Downs, Hyatt Hotels, and Penn National Gaming. According to TipRanks, Politzer has an average return of 7.6% and a 55.19% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Las Vegas Sands with a $64.08 average price target, which is a 27.07% upside from current levels. In a report released on April 10, Barclays also maintained a Buy rating on the stock with a $60.00 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 4.29M.
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.
