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Scotiabank Sticks to Its Hold Rating for VICI Properties (VICI)

Tipranks - Tipranks - Tue May 5, 9:32AM CDT

In a report released today, Greg McGinniss from Scotiabank maintained a Hold rating on VICI Properties, with a price target of $30.00.

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According to TipRanks, McGinniss is a 3-star analyst with an average return of 1.9% and a 51.16% success rate. McGinniss covers the Real Estate sector, focusing on stocks such as W. P. Carey Inc., Essential Properties Realty, and Realty Income.

In addition to Scotiabank, VICI Properties also received a Hold from Deutsche Bank ‘s Steven Pizzella in a report issued today. However, on May 1, Truist Financial reiterated a Buy rating on VICI Properties (NYSE: VICI).

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Based on VICI Properties’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.02 billion and a net profit of $872.39 million. In comparison, last year the company earned a revenue of $984.2 million and had a net profit of $543.61 million

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