Barclays has adjusted its price target for Las Vegas Sands (LVS, Financial), reducing it from $58 to $53. This move comes as part of the firm's first-quarter analysis for the gaming sector. Despite this adjustment, Barclays maintains an Overweight rating on the shares, signaling confidence in the stock’s potential.
The evaluation highlights the overall resilience of gaming markets, although it warns that a prolonged economic downturn could impact Las Vegas more severely than regional and digital gaming options. In contrast, the firm indicates that the Macau segment of the business seems most stable, nearing a position of reduced risk exposure.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Las Vegas Sands Corp (LVS, Financial) is $55.18 with a high estimate of $64.00 and a low estimate of $45.00. The average target implies an upside of 69.48% from the current price of $32.56. More detailed estimate data can be found on the Las Vegas Sands Corp (LVS) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Las Vegas Sands Corp's (LVS, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Las Vegas Sands Corp (LVS, Financial) in one year is $104.46, suggesting a upside of 220.82% from the current price of $32.56. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Las Vegas Sands Corp (LVS) Summary page.
