MGM Growth Properties (MGP) is Initiated by Buckingham Research to Buy

MGM Growth Properties (MGP) was Initiated by Buckingham Research to “Buy”. Buckingham Research advised their investors in a research report released on Nov 22, 2016.

Many Wall Street Analysts have commented on MGM Growth Properties. UBS Initiated MGM Growth Properties on Sep 26, 2016 to “Buy”, Price Target of the shares are set at $28.

On the company’s financial health, MGM Growth Properties reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Nov 7, 2016. Analyst had a consensus of $0.45. The company had revenue of $172.50 million for the quarter, compared to analysts expectations of $168.86 million.

In a different news, on Oct 18, 2016, William Hornbuckle (director) purchased 464 shares at $25.32 per share price. According to the SEC, on Oct 18, 2016, Thomas A Roberts (director) purchased 78 shares at $24.74 per share price.

MGM Growth Properties

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