Deutsche Bank Says Its Time To Buy VICI Properties Inc (VICI). Will Stock Hit Their Target of $22.0000?

May 18, 2018 - By Bradley Stiles

Why Has Deutsche Bank Given VICI Properties Inc (VICI) a $22.0000 Price Target

In a note made public on Thursday, 17 May, Deutsche Bank analyst has today started coverage for VICI Properties Inc (VICI) shares with a Buy rating. The target price per share is $22.0000.

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. The stock of VICI Properties Inc. (NYSE:VICI) earned “Hold” rating by Barclays Capital on Monday, February 26. The stock of VICI Properties Inc. (NYSE:VICI) earned “Buy” rating by Stifel Nicolaus on Monday, February 26. Morgan Stanley initiated the shares of VICI in report on Monday, February 26 with “Hold” rating.

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 $136.96M for 13.31 P/E if the $0.37 EPS becomes a reality. After $0.36 actual EPS 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 Businesswire.com with their article: “VICI Properties Inc. Files Resale Shelf Registration Statement” published on May 11, 2018, Seekingalpha.com published: “Tracking George Soros’ Portfolio – Q1 2018 Update” 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: “Caesars and VICI Properties enter asset sale deal” with publication date: May 09, 2018.

VICI Properties Inc. (NYSE:VICI) Ratings Chart

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