{"id":2980,"date":"2025-10-16T10:49:58","date_gmt":"2025-10-16T10:49:58","guid":{"rendered":"https:\/\/igorsplayground.com\/appcheckr\/investors-are-underpricing-las-vegas-sands-singapore-assets-says-jpmorgan\/"},"modified":"2025-10-16T10:49:58","modified_gmt":"2025-10-16T10:49:58","slug":"investors-are-underpricing-las-vegas-sands-singapore-assets-says-jpmorgan","status":"publish","type":"post","link":"https:\/\/igorsplayground.com\/appcheckr\/investors-are-underpricing-las-vegas-sands-singapore-assets-says-jpmorgan\/","title":{"rendered":"Investors are underpricing Las Vegas Sands&#8217; Singapore assets, says JPMorgan"},"content":{"rendered":"<p><\/p>\n<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p>\n      <span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><br \/>\n        <span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><br \/>\n          <span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\"><br \/>\n            JPMorgan has a positive outlook for Las Vegas Sands, recently upgrading the casino operator&#8217;s shares from neutral to overweight. Analyst Daniel Politzer has also increased the price target by $4, bringing it to $60 per share. This adjustment suggests a potential upside of 22% from the stock&#8217;s closing price on Wednesday. A significant factor in this optimistic forecast is the anticipated growth in the Singapore market, particularly the Marina Bay Sands, which Politzer identifies as a key asset for Las Vegas Sands.<br \/>\n            <br \/>&#8220;Our upgrade is based solely on Singapore upside, with LVS&#8217;s current valuation implying this asset is underpriced,&#8221; Politzer stated. He further emphasized that the high-quality nature of Marina Bay Sands, coupled with the company&#8217;s proven ability to attract high-end gaming customers from Southeast Asia, supports this positive outlook. Additionally, the growing popularity of prop bets could enhance table hold and drive earnings growth.<br \/>\n            <br \/>As Las Vegas Sands prepares for its upcoming earnings release next week, Politzer believes that current estimates may be conservative, indicating potential upside for the company&#8217;s third-quarter projections in Singapore. Currently, Las Vegas Sands is trading 15% below its recent highs, but the market sentiment appears to be shifting positively.<br \/>\n            <br \/>&#8220;Simplistically, we think Singapore is worth $37 per LVS share, which is $10 more than its current implied value of $27 per share,&#8221; the analyst explained. &#8220;The math is straightforward: LVS at $48 per share, and its 73% stake in 1928 HK is valued at approximately $21 per share, implying Singapore&#8217;s worth at $27 per share.&#8221;<br \/>\n            <br \/>Following this news, Las Vegas Sands shares saw an increase of more than 2% in premarket trading. However, it is important to note that year-to-date, the shares have experienced a decline of over 4%. Despite this, the majority of analysts remain bullish on Las Vegas Sands. According to LSEG data, 13 out of the 19 analysts covering the stock have rated it as a buy or strong buy.<br \/>\n            <br \/>(Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here.)<br \/>\n          <\/span><br \/>\n        <\/span><br \/>\n      <\/span><br \/>\n      <span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/>\n    <\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan has a positive outlook for Las Vegas Sands, recently upgrading the casino operator&#8217;s shares from neutral to overweight. Analyst Daniel Politzer has also increased the price target by $4, bringing it to $60 per share. This adjustment suggests a potential upside of 22% from the stock&#8217;s closing price on Wednesday. A significant factor in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2981,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-2980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts\/2980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/comments?post=2980"}],"version-history":[{"count":0,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts\/2980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/media\/2981"}],"wp:attachment":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/media?parent=2980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/categories?post=2980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/tags?post=2980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}