VICI Properties (NYSE:VICI)‘s stock had its “buy” rating reaffirmed by research analysts at Robert W. Baird in a note issued to investors on Monday, TipRanks reports. They currently have a $34.00 price target on the stock. Robert W. Baird’s price objective points to a potential upside of 14.29% from the stock’s current price.
VICI has been the topic of several other reports. Raymond James boosted their price target on VICI Properties from $34.00 to $36.00 and gave the stock a “strong-buy” rating in a report on Friday, June 4th. Capital One Financial restated an “overweight” rating on shares of VICI Properties in a report on Wednesday, September 1st. Zacks Investment Research lowered VICI Properties from a “buy” rating to a “hold” rating in a research report on Tuesday, July 6th. Wolfe Research initiated coverage on shares of VICI Properties in a report on Monday, June 14th. They set an “outperform” rating and a $47.00 price objective on the stock. Finally, Wells Fargo & Company boosted their price target on shares of VICI Properties from $31.00 to $36.00 and gave the stock an “overweight” rating in a report on Friday, July 23rd. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, VICI Properties currently has an average rating of “Buy” and a consensus price target of $34.25.
NYSE:VICI traded up $0.02 on Monday, reaching $29.75. The company’s stock had a trading volume of 92,915 shares, compared to its average volume of 5,547,794. The firm has a market cap of $17.91 billion, a PE ratio of 12.87, a PEG ratio of 2.21 and a beta of 1.06. VICI Properties has a 1-year low of $22.13 and a 1-year high of $33.35. The business’s 50-day moving average price is $30.49 and its two-hundred day moving average price is $30.50. The company has a debt-to-equity ratio of 0.70, a quick ratio of 8.88 and a current ratio of 8.88.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strategic Blueprint LLC acquired a new stake in shares of VICI Properties during the second quarter worth $27,000. FFT Wealth Management LLC acquired a new position in VICI Properties in the second quarter valued at approximately $30,000. Ameritas Investment Company LLC acquired a new position in shares of VICI Properties during the first quarter worth approximately $34,000. Fieldpoint Private Securities LLC acquired a new stake in VICI Properties in the second quarter worth approximately $42,000. Finally, Berman Capital Advisors LLC increased its holdings in shares of VICI Properties by 347.4% in the second quarter. Berman Capital Advisors LLC now owns 1,387 shares of the company’s stock valued at $43,000 after buying an additional 1,077 shares in the last quarter.
VICI Properties Company Profile
VICI Properties, Inc is a real estate investment trust, which 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.
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