Barclays Keeps Their Buy Rating on Las Vegas Sands (LVS)

Barclays analyst Brandt Montour maintained a Buy rating on Las Vegas Sands today and set a price target of $64.00.

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According to TipRanks, Montour is a 4-star analyst with an average return of 6.5% and a 52.67% success rate. Montour covers the Consumer Cyclical sector, focusing on stocks such as Norwegian Cruise Line, DraftKings, and Vail Resorts.

In addition to Barclays, Las Vegas Sands also received a Buy from Citi’s George Choi in a report issued on April 13. However, on April 8, Morgan Stanley assigned a Hold rating to Las Vegas Sands (NYSE: LVS).

Based on Las Vegas Sands’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.65 billion and a net profit of $395 million. In comparison, last year the company earned a revenue of $2.9 billion and had a net profit of $324 million

Based on the recent corporate insider activity of 53 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. Last month, Patrick Dumont, the Chairman & CEO of LVS sold 60,165.00 shares for a total of $3,294,033.75.