W. P. Carey Inc. (WPC) Gets a Buy Rating from RBC Capital

RBC Capital analyst Brad Heffern maintained a Buy rating on W. P. Carey Inc. (WPCResearch Report) on July 19 and set a price target of $87.00. The company’s shares closed last Wednesday at $82.84.

Heffern has an average return of 11.7% when recommending W. P. Carey Inc..

According to, Heffern is ranked #216 out of 7938 analysts.

W. P. Carey Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $89.33, representing a 7.0% upside. In a report issued on July 8, Raymond James also maintained a Buy rating on the stock with a $95.00 price target.

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The company has a one-year high of $87.43 and a one-year low of $73.02. Currently, W. P. Carey Inc. has an average volume of 1.1M.

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W.P. Carey, Inc. is a real estate investment trust. It operates through two segment: Real Estate Ownership and Investment Management. The Real Estate Ownership segment owns and invests in commercial real estate properties. The Investment Management segment structures and negotiates investments and debt placement transactions for the real estate investment trusts, and manages portfolios of real estate investments. The company was founded by William Polk Carey in 1973 and is headquartered in New York, NY.

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