In a report released today, Carlo Santarelli from Deutsche Bank maintained a Buy rating on Las Vegas Sands (LVS – Research Report), with a price target of $50.00. The company’s shares closed yesterday at $38.15.
Santarelli covers the Services sector, focusing on stocks such as Red Rock Resorts, Golden Entertainment, and Boyd Gaming. According to TipRanks, Santarelli has an average return of 17.2% and a 53.70% success rate on recommended stocks.
Currently, the analyst consensus on Las Vegas Sands is a Strong Buy with an average price target of $48.30, representing a 26.61% upside. In a report released on September 13, Bernstein also maintained a Buy rating on the stock with a $53.00 price target.
The company has a one-year high of $48.27 and a one-year low of $28.88. Currently, Las Vegas Sands has an average volume of 5.74M.
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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.
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