Truist has raised its price target for VICI Properties (VICI, Financial) from $35 to $38, while maintaining a Buy rating on the stock. The adjustment comes amid an environment where tariff uncertainties have led to a general reevaluation and downgrade of coverage, indicating reduced confidence in market estimates.
Despite this broader skepticism affecting various sectors, Truist remains optimistic about the gaming industry. It considers gaming one of the most resilient and well-positioned segments within the consumer sector, which is currently experiencing a mix of challenges and opportunities.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for VICI Properties Inc (VICI, Financial) is $35.92 with a high estimate of $43.00 and a low estimate of $32.00. The average target implies an upside of 8.95% from the current price of $32.97. More detailed estimate data can be found on the VICI Properties Inc (VICI) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, VICI Properties Inc's (VICI, Financial) average brokerage recommendation is currently 1.8, 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 VICI Properties Inc (VICI, Financial) in one year is $35.27, suggesting a upside of 6.98% from the current price of $32.97. 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 VICI Properties Inc (VICI) Summary page.
