Royal Bank Of Canada Boosts W.P. Carey Price Target to $77.00

W.P. Carey (NYSE: WPC) has seen its price target increased by Royal Bank Of Canada to $77.00, a potential upside of 5.22% from the current market price. This move comes after several analysts have revised their estimates for the company's stock.

In recent reports, Barclays raised its target price on W.P. Carey shares from $78.00 to $80.00 and gave the company an 'underweight' rating, while BNP Paribas Exane upgraded shares of W.P. Carey from a 'neutral' rating to an 'outperform' rating and boosted their price target for the stock from $73.00 to $88.00.

Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating, and one has assigned a Sell rating. The company currently has an average rating of 'Hold' and an average price target of $79.31.