Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli maintained a Buy rating on MGM Growth Properties (NYSE:MGP) on Friday, setting a price target of $38, which is approximately 14.94% above the present share price of $33.06.
Santarelli expects MGM Growth Properties to post earnings per share (EPS) of $0.32 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in MGM Growth Properties, with an average price target of $36.79.
The analysts price targets range from a high of $38 to a low of $34.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $194.34 million and a net profit of $126.27 million. The company's market cap is $9.26 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 19.8% and a 66.85% success rate.
MGM Growth Properties LLC operates as real estate investment trust, which engages in the acquisition, ownership, and leasing of destination entertainment and leisure resorts. It diverse amenities include casino gaming, hotel, convention, dining, entertainment, and retail offerings. The company was founded on October 23, 2015 and is headquartered in Las Vegas, NV.