Lazard reported on Thursday that they have increased their price target for Las Vegas Sands Corp.(LVS).
The firm, which currently has a “Buy” rating on LVS has raised the company’s price target to $59. This price target suggests a 10% increase from the stock’s current price of $52.88.
Analysts believe that the company will see a higher volume of growth in Macau.
Las Vegas Sands shares were up 49 cents, or 0.93% during premarket trading Thursday. The stock has increased 24% in the past year.
The Bottom Line
Shares of Las Vegas Sands (LVS) have a 1.91% dividend yield, based on last night’s closing stock price of $52.41. The stock has technical support in the $46-$49 price area. If the shares can firm up, we see overhead resistance around the $55-$56 price levels.
Las Vegas Sands Corp.(LVS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here