Citigroup Maintains MGM Growth Properties to Neutral with Price Target $26.00

Brokerage firm Citigroup Maintains its rating on MGM Growth Properties(NYSE:MGP). In a research note issued to the investors, the brokerage major Raises the price-target to $26.00 per share. The shares have been rated Neutral. The rating by Citigroup was issued on Aug 5, 2016.

In a different note, On Jun 22, 2016, Morgan Stanley said it Downgrades its rating on MGM Growth Properties. The shares have been rated ‘Equal-weight’ by the firm. JP Morgan said it Initiates Coverage on MGM Growth Properties, according to a research note issued on May 16, 2016. The shares have been rated ‘Overweight’ by the firm. Morgan Stanley said it Initiates Coverage on MGM Growth Properties, according to a research note issued on May 16, 2016. The shares have been rated ‘Overweight’ by the firm. Deutsche Bank said it Initiates Coverage on MGM Growth Properties, according to a research note issued on May 16, 2016. The shares have been rated ‘Buy’ by the firm. Citigroup said it Initiates Coverage on MGM Growth Properties, according to a research note issued on May 16, 2016. The shares have been rated ‘Neutral’ by the firm. SunTrust Robinson Humphrey said it Initiates Coverage on MGM Growth Properties, according to a research note issued on May 16, 2016. The shares have been rated ‘Buy’ by the firm.

MGM Growth Properties(MGP) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $110.90M. Analysts had an estimated revenue of $116.85M. Earnings per share were $0.32. Analysts had estimated an EPS of $0.38.

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