.png "MGM Growth Properties (NYSE: MGP)")
Deutsche Bank analyst Carlo Santarelli maintained a Hold rating on MGM Growth Properties (MGP) on January 23 and set a price target of $28. The company’s shares closed on Friday at $30.16.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 8.7% and a 62.4% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Penn National Gaming.
Currently, the analyst consensus on MGM Growth Properties is a Moderate Buy with an average price target of $31.
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The company has a one-year high of $31.61 and a one-year low of $25.31. Currently, MGM Growth Properties has an average volume of 634.2K.
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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.
