UBS covered Gaming and Leisure Properties (NASDAQ:GLPI), upping its target price to $35.00 earlier today
- Updated: September 26, 2016
UBS increased the price target of Gaming and Leisure Properties (NASDAQ:GLPI) to $35.00 indicating a possible upside of 0.03%.
Previously on 09/07/2016, Morgan Stanley released a statement about Gaming and Leisure Properties (NASDAQ:GLPI) increased the target price from $36.00 to $38.00. At the time, this indicated a possible upside of 0.10%.
Just yesterday Gaming and Leisure Properties (NASDAQ:GLPI) traded -0.15% lower at $34.00. The company’s 50-day moving average is $34.28 and its 200-day moving average is $33.35. The last stock close price is up 1.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 90,877 shares of the stock were exchanged, down from an average trading volume of 1,244,120
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Gaming and Leisure Properties has a price-earnings ratio of 27.20 with a one year low of $24.21 and a one year high of $35.98 GLPI’s total market value is presently $0.
A total of 9 equity analysts have released a research note on the company. 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $33.89.
About Gaming and Leisure Properties (NASDAQ:GLPI)
Gaming and Leisure Properties, Inc. (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. The Company's segments include GLP Capital, L.P. (GLP Capital), which is a subsidiary of GLPI, through which GLPI owns all of its real estate assets, and the TRS Properties. The GLP Capital segment consists of the leased real property and represents the Company's business. The TRS Properties segment consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge. The Company's portfolio consists of approximately 20 gaming and related facilities, including the TRS Properties and the real property associated with over 20 gaming and related facilities operated by Penn National Gaming, Inc. and the real property associated with the Casino Queen in East St. Louis, Illinois.
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