Does VICI Properties Inc. Common Stock (VICI) Look Attractive Now? Deutsche Bank Initiates Coverage

May 17, 2018 - By Alfred Lee

Why Has Deutsche Bank Given VICI Properties Inc. Common Stock (VICI) a $22 Price Target

Professional analysts at Deutsche Bank initiated coverage on VICI Properties Inc. Common Stock (VICI) with a key “Buy” rating. The target for VICI is $22. It indicates a possible upside of 11.68 % from firm’s last price.

VICI Properties Inc. (NYSE:VICI) Ratings Coverage

Among 5 analysts covering VICI Properties Inc (VICI), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. VICI Properties Inc has $23.0 highest and $21.0 lowest target. $21.60’s average target is 9.64% above currents $19.7 stock price. VICI Properties Inc had 5 analyst reports since February 26, 2018 according to SRatingsIntel. On Monday, February 26 the stock rating was initiated by Barclays Capital with “Hold”. The company was initiated on Monday, February 26 by Morgan Stanley. Stifel Nicolaus initiated it with “Buy” rating and $23.0 target in Monday, February 26 report.

The stock increased 0.25% or $0.05 during the last trading session, reaching $19.7. About 3.88 million shares traded or 39.57% up from the average. VICI Properties Inc. (VICI) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await VICI Properties Inc. (NYSE:VICI) to report earnings on August, 2. VICI’s profit will be $136.96 million for 13.31 P/E if the $0.37 EPS becomes a reality. After $0.36 actual earnings per share reported by VICI Properties Inc. for the previous quarter, Wall Street now forecasts 2.78 % EPS growth.

VICI Properties Inc. owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. The company has market cap of $7.29 billion. The firm operates through two divisions, Real Property Business and Golf Course Business. It currently has negative earnings. The Company’s property portfolio consists of 19 properties, including Caesars Palace, a gaming facility in the Las Vegas Strip.

More notable recent VICI Properties Inc. (NYSE:VICI) news were published by: Businesswire.com which released: “VICI Properties Inc. to Be Added to the MSCI US REIT Index” on May 16, 2018, also Seekingalpha.com with their article: “Caesars and VICI Properties enter asset sale deal” published on May 09, 2018, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: AIG, Baxter, Cisco, Eiger Bio, Energy Transfer, Juniper, NOV, Phillips 66 …” on May 17, 2018. More interesting news about VICI Properties Inc. (NYSE:VICI) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Tracking George Soros’ Portfolio – Q1 2018 Update” with publication date: May 17, 2018.

VICI Properties Inc. (NYSE:VICI) Ratings Chart

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