Price Target Watch on W.P. Carey Inc. (NYSE:WPC)

In the most recent trading session, W.P. Carey Inc. (NYSE:WPC) shares saw a move of -0.68%. Covering Wall Street analysts have a consensus target price of $63.17 on the stock. Target predictions might differ vastly from analyst to analyst. This target is applying estimates from analysts polled by Thomson Reuters. 

Sell-side analysts are able to use multiple metrics in order to help calculate target price estimates. A widely used metric is a company’s preice to earnings ratio. This calculation is derived from dividing the current share price by the projected earnings per share. W.P. Carey Inc. REIT currently has a P/E Ratio of 23.20. Investors might also evaluate a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio under one, it may be seen as undervalued. If a company has a PEG Ratio over one, it may represent that the company is overvalued. A PEG Ratio near one may be viewed as fair value. Currently, the company has a PEG Ratio of 0.00.

Looking at stock performance, company shares have recently traded $-1.34 away from the 50-day moving average of $60.03 and $-6.66 away from the 200-day moving average of $65.35. The stock has been recently noted -19.48% off of the 52-week high of 72.89 and +14.81% off of the 52-week low of 51.12. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.