W. P. Carey Inc. REIT found using ticker (WPC) have now 8 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 92 and 78 calculating the mean target price we have 86.38. Given that the stocks previous close was at 74.37 this would indicate that there is a potential upside of 16.1%. The 50 day MA is 78.68 and the 200 day MA is 77.43. The company has a market cap of $14,160m. You can visit the company’s website by visiting: https://www.wpcarey.com
The potential market cap would be $16,446m 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.
