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Gaming and Leisure (GLPI) Gets a Buy from JMP Securities
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Gaming and Leisure (GLPI) Gets a Buy from JMP Securities

In a report released on January 18, Mitchell Germain from JMP Securities maintained a Buy rating on Gaming and Leisure (GLPIResearch Report), with a price target of $53.00. The company’s shares opened today at $46.54.

According to TipRanks, Germain is a 3-star analyst with an average return of 2.4% and a 57.96% success rate. Germain covers the Real Estate sector, focusing on stocks such as Gaming and Leisure, VICI Properties, and Whitestone REIT.

In addition to JMP Securities, Gaming and Leisure also received a Buy from Truist Financial’s Barry Jonas in a report issued on January 11. However, on January 10, Mizuho Securities maintained a Hold rating on Gaming and Leisure (NASDAQ: GLPI).

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GLPI market cap is currently $12.42B and has a P/E ratio of 17.03.

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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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