Goldman Sachs Initiates Coverage on Las Vegas Sands with Neutral Rating and $52 Price Target

Goldman Sachs initiates coverage on Las Vegas Sands (LVS) with a neutral rating and a price target of $52.00 USD. The investment bank anticipates the stock to perform in line with the market, neither strongly outperforming nor underperforming in the near term. Analysts forecast an average target price of $51.42 with a high estimate of $68.00 and a low estimate of $43.00, indicating a potential upside of 6.63%. The estimated GF Value for LVS in one year is $83.98, suggesting a potential upside of 74.16%.

Title: Goldman Sachs Initiates Coverage on Las Vegas Sands with Neutral Rating and Price Target

Goldman Sachs has initiated coverage on Las Vegas Sands (NYSE:LVS) with a neutral rating and a price target of $52.00 USD, according to a report released on Monday. The investment bank anticipates the stock to perform in line with the market, neither strongly outperforming nor underperforming in the near term. Analysts forecast an average target price of $51.42 with a high estimate of $68.00 and a low estimate of $43.00, indicating a potential upside of 6.63%. The estimated GF Value for LVS in one year is $83.98, suggesting a potential upside of 74.16% [NUMBER:1].

Las Vegas Sands, a leading casino operator with integrated resorts in Macao and Singapore, has seen its stock price rise on Tuesday following the UBS Group's upward revision of its price target to $48.00 USD. UBS Group maintains a neutral rating on LVS, suggesting a potential downside of 2.47% from the company's previous close [NUMBER:1].

The casino operator's recent earnings report showed a quarterly earnings per share (EPS) of $0.59, missing the consensus estimate of $0.60. Despite this, the company reported a net margin of 11.64% and a return on equity of 44.91%, indicating robust financial performance. The company's revenue was down 3.3% compared to the same quarter last year, but the business's fundamentals remain strong [NUMBER:1].

Goldman Sachs' neutral rating and price target of $52.00 USD are in line with the broader analyst consensus. Six analysts have rated the stock with a hold rating, nine have issued a buy rating, and one has given a strong buy rating to LVS. The average rating is "Moderate Buy" with an average price target of $55.15. This suggests that while there is some optimism about LVS's prospects, the overall sentiment is cautiously positive [NUMBER:1].

The company's stock has been trading at a price-to-earnings (P/E) ratio of 27.18, indicating that investors are valuing the company at a premium relative to its earnings. The stock's beta of 1.03 suggests that it is relatively sensitive to market movements. LVS has a market capitalization of $34.78 billion, with 39.16% of its shares owned by institutional investors, including hedge funds [NUMBER:1].

Las Vegas Sands has also announced a stock buyback plan, authorizing the repurchase of $2.00 billion in shares. This move indicates that the company's board believes its shares are undervalued, which could signal further potential upside in the stock price [NUMBER:1].

In conclusion, Goldman Sachs' initiation of coverage on Las Vegas Sands with a neutral rating and a price target of $52.00 USD reflects a cautious but optimistic view of the company's prospects. The stock's strong fundamentals and potential upside, as indicated by the estimated GF Value, make it an attractive investment for those looking for a balanced exposure to the casino sector.

References
[1] https://www.marketbeat.com/instant-alerts/las-vegas-sands-nyselvs-given-new-4800-price-target-at-ubs-group-2025-07-08/