Barclays has revised its price target for Gaming and Leisure Properties (GLPI, Financial), increasing it to $54 from the previous $53. This adjustment comes as part of the firm's first-quarter earnings outlook for net lease real estate investment trusts.
The financial institution continues to maintain an Equal Weight rating on the company's shares. This indicates that Barclays holds a neutral position about the stock's performance relative to other industry players in the same sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Gaming and Leisure Properties Inc (GLPI, Financial) is $55.50 with a high estimate of $61.00 and a low estimate of $48.00. The average target implies an upside of 13.73% from the current price of $48.80. More detailed estimate data can be found on the Gaming and Leisure Properties Inc (GLPI) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Gaming and Leisure Properties Inc's (GLPI, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Gaming and Leisure Properties Inc (GLPI, Financial) in one year is $53.22, suggesting a upside of 9.06% from the current price of $48.8. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Gaming and Leisure Properties Inc (GLPI) Summary page.
