UPDATE: Ladenburg Thalmann Starts Gaming and Leisure (GLPI) at Buy

(updated to add analyst comment)

Ladenburg Thalmann initiates coverage on Gaming and Leisure (NASDAQ: GLPI) with a Buy rating and a price target of $41.00.

Analyst Dan Donlan comments "The experiential nature and lower cash flow volatility of regional gaming make GLPI a solid relative value and yield play in the STNL sector."

FY 2017 AFFO is for $3.14, FY 2018 AFFO is for $3.13 and FY 2019 AFFO is for $3.17.

For an analyst ratings summary and ratings history on Gaming and Leisure click here. For more ratings news on Gaming and Leisure click here.

Shares of Gaming and Leisure closed at $36.91 yesterday.

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