Deutsche Bank Gives Buy Rating to Las Vegas Sands Corp. (LVS)

By admin | 6 years ago

Las Vegas Sands Corp. (NYSE: LVS)‘s stock had its “buy” rating restated by analysts at Deutsche Bank (NYSE: DB) in a research report issued to clients and investors on Monday.

A number of other analysts have also recently weighed in on LVS. Analysts at UBS AG (NYSE: UBS) reiterated a “buy” rating on shares of Las Vegas Sands Corp. in a research note to investors on Monday, May 21st. Separately, analysts at Zacks upgraded shares of Las Vegas Sands Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, May 16th. They now have a $59.00 price target on the stock. Finally, analysts at Imperial Capital initiated coverage on shares of Las Vegas Sands Corp. in a research note to investors on Friday, April 27th. They set an “in-line” rating and a $62.00 price target on the stock.

Las Vegas Sands Corp. traded up 2.95% on Monday, hitting $43.9514. Las Vegas Sands Corp. has a 1-year low of $36.08 and a 1-year high of $62.09. The company has a market cap of $33.422 billion and a price-to-earnings ratio of 22.58.

Las Vegas Sands Corp. last released its earnings data on Wednesday, April 25th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.12. The company’s revenue for the quarter was up 30.8% on a year-over-year basis. Analysts expect that Las Vegas Sands Corp. will post $0.70 EPS next quarter.

Las Vegas Sands Corp. (LVSC) is a global developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities.

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