Ronald Kamdem, an analyst from Morgan Stanley, maintained the Buy rating on Gaming and Leisure (GLPI – Research Report). The associated price target is $55.00.
Ronald Kamdem has given his Buy rating due to a combination of factors centered around the promising outlook for Gaming and Leisure Properties Inc. (GLPI). Kamdem’s analysis likely includes an assessment of the company’s strong financial position, consistent revenue streams, and potential for growth in the gaming and lodging sector. By evaluating these elements, Kamdem has identified GLPI as a favorable investment opportunity with a potential upside that outweighs the risks.
Moreover, the Buy rating could reflect confidence in the company’s strategic acquisitions and partnerships, as well as its ability to maintain a competitive edge in the market. Kamdem’s recommendation suggests that GLPI’s stock presents a value proposition for investors seeking exposure to the gaming and leisure industry. The analysis probably incorporates market trends, operational efficiency, and the robustness of GLPI’s asset portfolio, all contributing to a positive long-term outlook for the stock.
In another report released on December 14, RBC Capital also maintained a Buy rating on the stock with a $50.00 price target.
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Gaming and Leisure (GLPI) Company Description:
Gaming & Leisure Properties, Inc. is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple net lease arrangements. It operates through the GLP Capital and TRS Properties segments. The GLP Capital segment consists of the leased real property and represents the majority of business. The TRS Properties segment includes Hollywood Casino Perryville and Hollywood Casino Baton Rouge. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.
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