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Shares of Gaming and Leisure Properties (NASDAQ:GLPI) have been given an average rating of “Hold” by the fifteen analysts that are covering the stock, Analyst Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $42.72.

A number of analysts have recently weighed in on GLPI shares. Analysts at Zacks upgraded shares of Gaming and Leisure Properties from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 30th. They now have a $35.30 price target on the stock. Separately, analysts at Telsey Advisory Group cut their price target on shares of Gaming and Leisure Properties from $41.00 to $38.00 in a research note on Tuesday, July 29th. They now have a “not rated” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “positive” rating on shares of Gaming and Leisure Properties in a research note on Tuesday, July 1st.

Gaming and Leisure Properties (NASDAQ:GLPI) traded up 0.40% during mid-day trading on Tuesday, hitting $33.645. 6,984 shares of the company’s stock traded hands. Gaming and Leisure Properties has a one year low of $32.18 and a one year high of $53.50. The stock’s 50-day moving average is $34.41 and its 200-day moving average is $35.46. The company has a market cap of $3.780 billion and a price-to-earnings ratio of 37.95.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.65 by $0.01. The company had revenue of $160.80 million for the quarter, compared to the consensus estimate of $161.53 million. The company’s quarterly revenue was up 44.9% on a year-over-year basis. On average, analysts predict that Gaming and Leisure Properties will post $2.56 earnings per share for the current fiscal year.

Gaming and Leisure Properties, Inc (NASDAQ:GLPI) is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple net lease arrangements.

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