WP Carey & Co Llc Gets a Buy Rating from BMO Capital

By Austin Angelo

In a report released today, Paul Adornato from BMO Capital reiterated a Buy rating on WP Carey & Co Llc (NYSE: WPC), with a price target of $70. The company’s shares closed yesterday at $65.74.

According to TipRanks.com, Adornato is a 3-star analyst with an average return of 2.2% and a 55.2% success rate. Adornato covers the Financial sector, focusing on stocks such as Forest City Realty Trust, Inc., Retail Opportunity Investments, and General Growth Properties Inc.

WP Carey & Co Llc has an analyst consensus of Hold, with a price target consensus of $70.

WP Carey & Co Llc’s market cap is currently $7B and has a P/E ratio of 35.99. The company has a book value ratio of 2.1505.

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W.P. Carey, Inc. operates as a real estate investment trust. It operates through the Real Estate Ownership and Investment Management segments. The Real Estate Ownership segment owns and invests in commercial real estate properties.