Las Vegas Sands Corp. (NYSE:LVS)‘s stock had its “buy” rating reiterated by stock analysts at Stifel Nicolaus in a research note issued on Tuesday, Marketbeat Ratings reports. They currently have a $70.00 target price on the casino operator’s stock, up from their previous target price of $66.00. Stifel Nicolaus’ target price would indicate a potential upside of 14.49% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Aegis restated a “buy” rating and issued a $60.00 price objective (up previously from $59.00) on shares of Las Vegas Sands Corp. in a research report on Sunday, April 23rd. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Las Vegas Sands Corp. in a research report on Tuesday, March 28th. Susquehanna Bancshares Inc restated a “buy” rating and issued a $69.00 price objective on shares of Las Vegas Sands Corp. in a research report on Friday, April 28th. CLSA restated a “buy” rating on shares of Las Vegas Sands Corp. in a research report on Thursday, April 27th. Finally, Vetr upgraded shares of Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and set a $63.09 price objective for the company in a research report on Wednesday, May 31st. Ten equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $61.98.

Las Vegas Sands Corp. (LVS) traded up 2.27% during midday trading on Tuesday, hitting $62.53. The stock had a trading volume of 1,846,516 shares. Las Vegas Sands Corp. has a one year low of $45.82 and a one year high of $66.22. The stock’s 50-day moving average is $61.65 and its 200-day moving average is $56.95. The company has a market cap of $49.65 billion, a P/E ratio of 27.19 and a beta of 1.81.

Las Vegas Sands Corp. (NYSE:LVS) last issued its earnings results on Wednesday, April 26th. The casino operator reported $0.66 EPS for the quarter, beating the consensus estimate of $0.62 by $0.04. The company had revenue of $3.11 billion during the quarter, compared to analysts’ expectations of $3.11 billion. Las Vegas Sands Corp. had a net margin of 15.51% and a return on equity of 26.93%. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS. Equities analysts predict that Las Vegas Sands Corp. will post $2.61 EPS for the current fiscal year.

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Large investors have recently modified their holdings of the stock. Gradient Investments LLC purchased a new stake in shares of Las Vegas Sands Corp. during the first quarter worth about $6,525,000. Bank of Montreal Can boosted its stake in shares of Las Vegas Sands Corp. by 2.1% in the first quarter. Bank of Montreal Can now owns 442,373 shares of the casino operator’s stock worth $25,245,000 after buying an additional 9,306 shares during the last quarter. National Pension Service boosted its stake in shares of Las Vegas Sands Corp. by 14.1% in the first quarter. National Pension Service now owns 379,821 shares of the casino operator’s stock worth $21,661,000 after buying an additional 46,882 shares during the last quarter. Vontobel Asset Management Inc. boosted its stake in shares of Las Vegas Sands Corp. by 29.8% in the first quarter. Vontobel Asset Management Inc. now owns 5,646,362 shares of the casino operator’s stock worth $327,900,000 after buying an additional 1,297,306 shares during the last quarter. Finally, Dynamic Advisors Solutions LLC purchased a new stake in shares of Las Vegas Sands Corp. during the first quarter worth about $4,098,000. 38.25% of the stock is currently owned by institutional investors.

Las Vegas Sands Corp. Company Profile

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States.

Analyst Recommendations for Las Vegas Sands Corp. (NYSE:LVS)

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