Las Vegas Sands (LVS) Gets a Buy Rating from Deutsche Bank


Deutsche Bank analyst Carlo Santarelli maintained a Buy rating on Las Vegas Sands (LVS) on November 17 and set a price target of $70.00. The company’s shares closed last Monday at $60.69.

According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 10.1% and a 67.6% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings, and Marriott International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Las Vegas Sands with a $64.00 average price target.

See today’s analyst top recommended stocks >>

Based on Las Vegas Sands’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.25 billion and net profit of $533 million. In comparison, last year the company earned revenue of $3.37 billion and had a net profit of $571 million.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LVS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Las Vegas Sands Corp. engages in the development of destination properties. Its properties feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants, and other amenities. It operates through the following geographic segments: Macao, Singapore, and United States.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts