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Barclays Reaffirms Their Buy Rating on VICI Properties (VICI)

Tipranks - Wed May 20, 3:56AM CDT

In a report released today, Richard Hightower from Barclays maintained a Buy rating on VICI Properties, with a price target of $34.00.

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According to TipRanks, Hightower is an analyst with an average return of -1.7% and a 44.23% success rate. Hightower covers the Real Estate sector, focusing on stocks such as Gaming and Leisure, Realty Income, and Simon Property.

In addition to Barclays, VICI Properties also received a Buy from Goldman Sachs’s Caitlin Burrows in a report issued on May 4. However, on May 12, Scotiabank maintained a Hold rating on VICI Properties (NYSE: VICI).

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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