WP Carey & Co (WPC) received a Hold rating and an $88.00 price target from Evercore ISI analyst Sheila McGrath today. The company’s shares closed last Monday at $84.46.
According to TipRanks.com, McGrath is a 2-star analyst with an average return of -0.6% and a 36.4% success rate. McGrath covers the Financial sector, focusing on stocks such as Community Healthcare, Alexandria Equities, and Columbia Property.
WP Carey & Co has an analyst consensus of Moderate Buy, with a price target consensus of $94.50.
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Based on WP Carey & Co’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $41.33 million. In comparison, last year the company had a net profit of $76.91 million.
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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.
