Jefferies Initiates Coverage of W. P. Carey with Buy
Fintel reports that on September 22, 2026, Jefferies initiated coverage of W. P. Carey (NYSE:WPC) (DB:WPY) with a Buy recommendation.
Prior to this action, the stock closed at $66.20 on September 21, 2026. W. P. Carey has seen its share price decline recently, with a one-week price change of -4.32% from a baseline close of $69.19 on September 14, 2026. Over a one-month period, the stock recorded a price change of -7.02% from a baseline close of $71.20 on August 21, 2026. The latest close was recorded at $66.20 on September 21, 2026.
In its latest quarterly financial results reported on July 28, 2026, W. P. Carey posted an actual EPS of 0.82, which was above the estimated EPS of 0.707, representing a positive earnings surprise of +15.98%. The company generated actual revenue of $461,064,000.00, compared to the analyst estimate of $452,249,972.00.
As of September 15, 2026, the current consensus target mean for the stock stood at $81.77, with a median target of $81.60. This mean target represents an implied change of +23.52% from the market price. The consensus target mean remained unchanged from the prior consensus target mean of $81.77 recorded on August 28, 2026, representing a revision of 0.00%.
The broader analyst sentiment, as of the current recommendation period on September 1, 2026, includes 18 total recommendations: 2 strong buy, 7 buy, 8 hold, 1 sell, and 0 strong sell. This breakdown represents 50.0% positive, 44.4% hold, and 5.6% negative recommendations, which is identical to the prior recommendation period on August 1, 2026. Recent rating actions by other firms include Evercore ISI Group maintaining an In-Line rating on September 21, 2026. Scotiabank also maintained its Sector Perform rating on September 17, 2026, while Barclays upgraded the stock from Underweight to Equal-Weight on September 4, 2026.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 22, 2026 | Jefferies | Buy | initiated coverage | |
| September 21, 2026 | Evercore ISI Group | In-Line | In-Line | maintained |
| September 17, 2026 | Scotiabank | Sector Perform | Sector Perform | maintained |
| September 4, 2026 | Barclays | Underweight | Equal-Weight | upgrade |
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This story originally appeared on Fintel.