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Analysts Offer Insights on Real Estate Companies: VICI Properties (VICI) and Equinix (EQIX)

Tipranks - Sat May 2, 6:52AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on VICI Properties (VICI) and Equinix (EQIX) with bullish sentiments.

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VICI Properties (VICI)

In a report released today, Barry Jonas from Truist Financial reiterated a Buy rating on VICI Properties, with a price target of $38.00. The company’s shares closed last Thursday at $29.20.

According to TipRanks.com, Jonas is a 3-star analyst with an average return of 1.7% and a 44.9% success rate. Jonas covers the NA sector, focusing on stocks such as Monarch Casino & Resort, Inspired Entertainment, and Caesars Entertainment. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for VICI Properties with a $33.50 average price target, implying a 15.7% upside from current levels. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Buy with a $32.00 price target.

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Equinix (EQIX)

In a report released today, Matthew Niknam from Truist Financial maintained a Buy rating on Equinix, with a price target of $1215.00. The company’s shares closed last Thursday at $1082.83.

According to TipRanks.com, Niknam is a 4-star analyst with an average return of 4.2% and a 59.0% success rate. Niknam covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Hewlett Packard Enterprise, and Keysight Technologies. ;'>

Equinix has an analyst consensus of Strong Buy, with a price target consensus of $1180.44, implying a 12.6% upside from current levels. In a report released yesterday, Raymond James also upgraded the stock to Buy with a $1250.00 price target.

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