J.P. Morgan Keeps Their Buy Rating on VICI Properties (VICI)

In a report released yesterday, Anthony Paolone from J.P. Morgan maintained a Buy rating on VICI Properties (VICIResearch Report), with a price target of $37.00. The company’s shares closed yesterday at $33.54.

Paolone covers the Financial sector, focusing on stocks such as Alexandria Equities, AvalonBay, and Kennedy-Wilson. According to TipRanks, Paolone has an average return of 6.2% and a 59.52% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for VICI Properties with a $36.89 average price target, which is a 9.99% upside from current levels. In a report released on January 9, Deutsche Bank also maintained a Buy rating on the stock with a $38.00 price target.

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VICI market cap is currently $32.3B and has a P/E ratio of 31.35.

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VICI Properties, Inc. owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property. The Golf Course Business segment consists of four golf courses. The company was founded on July 5, 2016 and is headquartered in New York, NY.

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