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A Quick Look at Today's Ratings for Las Vegas Sands(LVS.US), With a Forecast Between $55 to $64

Futu News ·  Oct 24 21:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $Las Vegas Sands (LVS.US)$, with price targets ranging from $55 to $64.

Morgan Stanley analyst Stephen Grambling maintains with a buy rating, and maintains the target price at $55.

Barclays analyst Brandt Montour maintains with a buy rating, and maintains the target price at $58.

Wells Fargo analyst Daniel Politzer maintains with a buy rating, and maintains the target price at $60.

Stifel analyst Steven Wieczynski maintains with a buy rating, and adjusts the target price from $55 to $64.

Furthermore, according to the comprehensive report, the opinions of $Las Vegas Sands (LVS.US)$'s main analysts recently are as follows:

  • The general performance of brick and mortar establishments in Q3 appeared 'sluggish', while the digital segment showed 'robust' activity. The market size estimate for online sports betting has been increased, although the flow-through estimates have seen a reduction in line with a Q3 preview for the casino gaming sector.

  • The momentum of Las Vegas Sands is gaining traction in both Macau and Singapore. Post the third-quarter report, there is a belief that the performance was satisfactory, particularly with the anticipation of favorable macroeconomic tailwinds appearing in the near to medium term.

Here are the latest investment ratings and price targets for $Las Vegas Sands (LVS.US)$ from 4 analysts:

StockTodayLatestRating_nn_201917_20241024_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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