Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli reiterated a Buy rating on Gaming and Leisure (NASDAQ:GLPI) on Friday, setting a price target of $51, which is approximately 17.59% above the present share price of $43.37.
Santarelli expects Gaming and Leisure to post earnings per share (EPS) of $0.57 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Gaming and Leisure, with an average price target of $46.7.
The analysts price targets range from a high of $51 to a low of $42.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $307.55 million and a net profit of $200.7 million. The company's market cap is $9.92 billion.
According to TipRanks.com, Deutsche Bank analyst Carlo Santarelli is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.4% and a 67.47% success rate.
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.