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Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG), Park Hotels & Resorts (PK) and W. P. Carey Inc. (WPC)

Tipranks - Sat Apr 11, 7:22AM CDT

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Simon Property (SPG), Park Hotels & Resorts (PK) and W. P. Carey Inc. (WPC).

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Simon Property (SPG)

In a report released today, Ronald Kamdem from Morgan Stanley maintained a Hold rating on Simon Property, with a price target of $205.00. The company’s shares closed last Thursday at $198.97.

According to TipRanks.com, Kamdem is a 5-star analyst with an average return of 10.2% and a 62.4% success rate. Kamdem covers the NA sector, focusing on stocks such as American Healthcare REIT, Inc., National Storage Affiliates, and Hudson Pacific Properties. ;'>

Currently, the analyst consensus on Simon Property is a Moderate Buy with an average price target of $206.36.

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Park Hotels & Resorts (PK)

In a report released today, Stephen Grambling from Morgan Stanley maintained a Hold rating on Park Hotels & Resorts, with a price target of $10.00. The company’s shares closed last Thursday at $11.18, close to its 52-week low of $10.84.

According to TipRanks.com, Grambling is a 4-star analyst with an average return of 5.6% and a 57.7% success rate. Grambling covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Wyndham Hotels & Resorts. ;'>

Currently, the analyst consensus on Park Hotels & Resorts is a Hold with an average price target of $11.80, representing an 9.0% upside. In a report issued on April 7, Barclays also downgraded the stock to Hold with a $9.00 price target.

W. P. Carey Inc. (WPC)

In a report released yesterday, Anthony Paolone from J.P. Morgan maintained a Buy rating on W. P. Carey Inc., with a price target of $77.00. The company’s shares closed last Thursday at $71.42.

According to TipRanks.com, Paolone is a 3-star analyst with an average return of 2.3% and a 53.0% success rate. Paolone covers the NA sector, focusing on stocks such as Colliers International Group, Four Corners Property, and LXP Industrial Trust. ;'>

W. P. Carey Inc. has an analyst consensus of Hold, with a price target consensus of $73.90.

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