Las Vegas Sands Corp. Hits New 52-Week High at $81.90 (LVS)
Shares of Las Vegas Sands Corp. (NYSE:LVS) hit a new 52-week high during mid-day trading on Friday, Stock Ratings Network reports. The stock traded as high as $81.90 and last traded at $81.70, with a volume of 3,108,733 shares trading hands. The stock had previously closed at $80.87.
LVS has been the subject of a number of recent research reports. Analysts at Argus raised their price target on shares of Las Vegas Sands Corp. from $84.00 to $90.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Susquehanna raised their price target on shares of Las Vegas Sands Corp. from $82.00 to $93.00 in a research note to investors on Tuesday. They now have a “positive” rating on the stock. Finally, analysts at Bank of America Corp. raised their EPS on shares of Las Vegas Sands Corp. in a research note to investors on Monday. They now have a “buy” rating and a $95.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty have assigned a buy rating to the company’s stock. Las Vegas Sands Corp. has an average rating of “Buy” and a consensus target price of $76.32.
In other Las Vegas Sands Corp. news, COO Michael Leven sold 86,495 shares of Las Vegas Sands Corp. stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $80.20, for a total value of $6,936,899.00. Following the sale, the chief operating officer now directly owns 315,017 shares in the company, valued at approximately $25,264,363. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Las Vegas Sands Corp. has a 52-week low of $47.95 and a 52-week high of $81.85. The stock’s 50-day moving average is $77.4 and its 200-day moving average is $66.14. The company has a market cap of $67.247 billion and a price-to-earnings ratio of 30.87.
Las Vegas Sands Corp. is a developer of destination properties (NYSE:LVS) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities.
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