Truist Financial Keeps Their Buy Rating on VICI Properties (VICI)

In a report released today, Barry Jonas from Truist Financial maintained a Buy rating on VICI Properties (VICI – Research Report). The company’s shares closed yesterday at $28.80.

According to TipRanks, Jonas is a 4-star analyst with an average return of 6.8% and a 39.30% success rate. Jonas covers the Consumer Cyclical sector, focusing on stocks such as International Game Technology, Boyd Gaming, and Everi Holdings.

Currently, the analyst consensus on VICI Properties is a Strong Buy with an average price target of $34.61, representing a 20.17% upside. In a report released yesterday, JMP Securities also assigned a Buy rating to the stock with a $34.00 price target.

The company has a one-year high of $32.21 and a one-year low of $25.90. Currently, VICI Properties has an average volume of 6.25M.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VICI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

VICI Properties (VICI) Company Description:

VICI Properties, Inc. owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property. The Golf Course Business segment consists of four golf courses. The company was founded on July 5, 2016 and is headquartered in New York, NY.