$6.25 billion is heading the company\u2019s way<\/a>. That confirms it has the tools with which to enhance Macau and Singapore venues, while potentially returning capital to investors.<\/span><\/p>\nBold Outlook on this Casino Stock<\/h2>\n
Goldman is forecasting upside for LVS shares could be as high as 77 percent. The shares currently trade around $38, and the consensus price target is $49.07. It hasn’t traded above $50 since last July.<\/p>\n
For any stock, regardless of industry, a lot needs to go right to generate anywhere close to 77 percent upside in a year. In the case of Las Vegas Sands, however, the recipe is clear.<\/strong><\/p>\nTravel restrictions affecting Macau visitation need to be loosened, and gaming permits there need to be renewed and at terms operators can handle. Specific to LVS, announcing a share repurchase program or restoring its dividend could go a long way toward showing investors management sees value in the stock.<\/p>\n","protected":false},"excerpt":{"rendered":"
It’s early in 2022, but it’s already clear that there’s division among analysts when it comes to casino stocks. Las Vegas Sands (NYSE:LVS) isn’t immune to that trend. Still, the largest Macau operator has supporters on Wall Street, some of which are growing vocal following a rough 2021. Count Goldman Sachs among the research firms […]<\/p>\n","protected":false},"author":46,"featured_media":197927,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,10],"tags":[],"acf":[],"yoast_head":"\n
Las Vegas Sands Could Be Casino Stock Winner, Says Goldman Sachs<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n