WP Carey & Co Llc Gets a Hold Rating from Ladenburg

By Austin Angelo

In a report issued on May 18, Daniel Donlan from Ladenburg reiterated a Hold rating on WP Carey & Co Llc (NYSE: WPC). The company’s shares opened today at $63.97.

According to TipRanks.com, Donlan is a 1-star analyst with an average return of -2.3% and a 59.5% success rate. Donlan covers the Financial sector, focusing on stocks such as Innovative Industrial Properties Inc, NexPoint Residential Trust Inc, and National Retail Properties.

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

WP Carey & Co Llc’s market cap is currently $6.8B and has a P/E ratio of 34.96. The company has a book value ratio of 2.0887.

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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. 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.