W. P. Carey Inc. REIT found using ticker (WPC) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 92 and 78 calculating the mean target price we have 86.38. Now with the previous closing price of 76.88 this now indicates there is a potential upside of 12.4%. The 50 day moving average now sits at 78.91 and the 200 day moving average is 77.38. The company has a market capitalisation of $14,061m. Find out more information at: https://www.wpcarey.com
The potential market cap would be $15,798m based on the market concensus.
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.
