Las Vegas Sands Corp. PT Raised to $90.00 (LVS)

Date: 
2014-01-14
Firm: 
Argus
Stock: 
Price Target: 
90.00
Price Call: 
BUY
Last Price: 
Upside/Downside: 
+90.00 (∞%)

Stock analysts at Argus raised their target price on shares of Las Vegas Sands Corp. (NYSE:LVS) from $84.00 to $90.00 in a report issued on Tuesday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Argus’ price target would indicate a potential upside of 13.68% from the company’s current price.

LVS has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at FBR Capital Markets downgraded shares of Las Vegas Sands Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Friday. They now have a $85.00 price target on the stock, up previously from $80.00. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $76.32.

In other Las Vegas Sands Corp. news, EVP Robert Goldstein unloaded 96,535 shares of the company’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $78.68, for a total value of $7,595,373.80. Following the completion of the sale, the executive vice president now directly owns 370,628 shares of the company’s stock, valued at approximately $29,161,011. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Las Vegas Sands Corp. (NYSE:LVS) traded up 1.38% on Tuesday, hitting $80.26. 2,263,376 shares of the company’s stock traded hands. Las Vegas Sands Corp. has a one year low of $47.95 and a one year high of $81.85. The stock’s 50-day moving average is $76.57 and its 200-day moving average is $65.72. The company has a market cap of $66.070 billion and a price-to-earnings ratio of 30.22.

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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Eric_NG

good

2014-01-18 10:09

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