diff --git a/src/Compilers/CSharp/Portable/Binder/Binder_Expressions.cs b/src/Compilers/CSharp/Portable/Binder/Binder_Expressions.cs
index 534ce82d634bc..03ced82fb1ebf 100644
--- a/src/Compilers/CSharp/Portable/Binder/Binder_Expressions.cs
+++ b/src/Compilers/CSharp/Portable/Binder/Binder_Expressions.cs
@@ -235,6 +235,72 @@ internal BoundExpression BindValueAllowArgList(ExpressionSyntax node, Diagnostic
             return CheckValue(result, valueKind, diagnostics);
         }
 
+        /// <summary>
+        /// Attempts to compute the type of the field for an auto property
+        /// with an initializer.
+        /// </summary>
+        /// <remarks>
+        /// Attempts to change the type of the backing field to be a more
+        /// specific type than the property. The JIT can use this
+        /// type information when inlining to potentially devirtualize calls.
+        /// </remarks>
+        internal static TypeSymbolWithAnnotations BindBackingFieldTypeOfAutoPropWithInitializer(
+            Binder binder,
+            PropertySymbol propertySymbol,
+            TypeSymbolWithAnnotations propertyType,
+            EqualsValueClauseSyntax initializerOpt,
+            DiagnosticBag diagnostics)
+        {
+            binder = new ExecutableCodeBinder(initializerOpt, propertySymbol, new LocalScopeBinder(binder));
+            return binder.BindAutoPropBackingFieldType(propertyType, initializerOpt, diagnostics);
+        }
+
+        internal TypeSymbolWithAnnotations BindAutoPropBackingFieldType(
+            TypeSymbolWithAnnotations propertyType,
+            EqualsValueClauseSyntax initializerOpt,
+            DiagnosticBag diagnostics)
+        {
+            if (!propertyType.IsReferenceType || propertyType.IsDynamic())
+            {
+                //If the property is a reference type, no casting is possible,
+                //so don't change the field type.
+                return propertyType;
+            }
+
+            Binder initializerBinder = this.GetBinder(initializerOpt);
+            Debug.Assert(initializerBinder != null);
+
+            BindValueKind valueKind;
+            ExpressionSyntax value;
+            IsInitializerRefKindValid(initializerOpt, initializerOpt, RefKind.None, diagnostics, out valueKind, out value);
+            BoundExpression initializer = BindPossibleArrayInitializer(value, propertyType.TypeSymbol, valueKind, diagnostics);
+
+            if (initializer.IsLiteralNull())
+            {
+                //Conversion from literal null to reference types is an implicit reference conversion.
+                return propertyType;
+            }
+
+            if (initializer.Type == null || !initializer.Type.IsReferenceType || initializer.Type.IsDynamic())
+            {
+                //If it is not a reference type, it can't be an implicit reference conversion.
+                return propertyType;
+            }
+
+            HashSet<DiagnosticInfo> useSiteDiagnostics = null;
+            var conversion = this.Conversions.ClassifyConversionFromExpression(initializer, propertyType.TypeSymbol, ref useSiteDiagnostics);
+            diagnostics.Add(initializer.Syntax, useSiteDiagnostics);
+
+            if (conversion.Kind != ConversionKind.NoConversion && conversion.Kind != ConversionKind.ImplicitReference)
+            {
+                //If the conversion is anything other than an implicit reference conversion,
+                //such as boxing, don't change the field type.
+                return propertyType;
+            }
+
+            return TypeSymbolWithAnnotations.Create(initializer.Type);
+        }
+
         internal BoundFieldEqualsValue BindFieldInitializer(
             FieldSymbol field,
             EqualsValueClauseSyntax initializerOpt,
diff --git a/src/Compilers/CSharp/Portable/Symbols/Synthesized/SynthesizedBackingFieldSymbol.cs b/src/Compilers/CSharp/Portable/Symbols/Synthesized/SynthesizedBackingFieldSymbol.cs
index e84661baf5553..65619d12a7530 100644
--- a/src/Compilers/CSharp/Portable/Symbols/Synthesized/SynthesizedBackingFieldSymbol.cs
+++ b/src/Compilers/CSharp/Portable/Symbols/Synthesized/SynthesizedBackingFieldSymbol.cs
@@ -18,6 +18,7 @@ internal sealed class SynthesizedBackingFieldSymbol : FieldSymbolWithAttributesA
         private readonly string _name;
         internal bool HasInitializer { get; }
         protected override DeclarationModifiers Modifiers { get; }
+        private TypeSymbolWithAnnotations.Builder _lazyType;
 
         public SynthesizedBackingFieldSymbol(
             SourcePropertySymbol property,
@@ -54,7 +55,40 @@ public override ImmutableArray<Location> Locations
             => _property.Locations;
 
         internal override TypeSymbolWithAnnotations GetFieldType(ConsList<FieldSymbol> fieldsBeingBound)
-            => _property.Type;
+        {
+            if (!_lazyType.IsNull)
+                return _lazyType.ToType();
+
+
+            var propType = _property.Type;
+            if (!HasInitializer || !IsReadOnly)
+            {
+                _lazyType.InterlockedInitialize(propType);
+            }
+            else
+            {
+                //Attempt to make the type of the backing field the same as the expression.
+                //A more specific field type can enable the CLR to devirtualize method calls
+                //while inlining the accessor method.
+
+                var diagnostics = DiagnosticBag.GetInstance();
+                var syntax = (PropertyDeclarationSyntax)_property.SyntaxReference.GetSyntax();
+                var binderFactory = this.DeclaringCompilation.GetBinderFactory(_property.SyntaxTree);
+                var binder = binderFactory.GetBinder(syntax.Initializer);
+                var result = Binder.BindBackingFieldTypeOfAutoPropWithInitializer(binder, _property, propType, syntax.Initializer, diagnostics);
+                if (result.IsNull)
+                {
+                    result = propType;
+                }
+                if (_lazyType.InterlockedInitialize(result))
+                {
+                    this.AddDeclarationDiagnostics(diagnostics);
+                }
+                diagnostics.Free();
+            }
+
+            return _lazyType.ToType();
+        }
 
         internal override bool HasPointerType
             => _property.HasPointerType;
diff --git a/src/Compilers/CSharp/Test/Symbol/Symbols/Source/PropertyTests.cs b/src/Compilers/CSharp/Test/Symbol/Symbols/Source/PropertyTests.cs
index 5379ad3b3f073..ea49d30da5718 100644
--- a/src/Compilers/CSharp/Test/Symbol/Symbols/Source/PropertyTests.cs
+++ b/src/Compilers/CSharp/Test/Symbol/Symbols/Source/PropertyTests.cs
@@ -192,6 +192,165 @@ public void AutoWithInitializerInClass()
             Assert.Null(r.SetMethod);
         }
 
+        [Fact]
+        public void AutoWithInitializerWithTypeConversion()
+        {
+            string text;
+
+            //no conversion
+            text = @"class C
+{
+    Int32 P { get; } = 2;
+}";
+            BackingFieldChecker(text, "Int32");
+
+            //no conversion
+            text = @"
+class A { }
+class C
+{
+    A P { get; } = new A();
+}";
+            BackingFieldChecker(text, "A");
+
+            //boxing conversion
+            text = @"
+class C
+{
+    Object P { get; } = 2;
+}";
+            BackingFieldChecker(text, "Object");
+
+            //---- Implicit reference conversions ----
+
+            //"From any reference_type to object and dynamic."
+            text = @"
+class A { }
+class C
+{
+    dynamic P { get; } = new A();
+}";
+            BackingFieldChecker(text, "dynamic");
+
+            //"From any class_type S to any class_type T, provided S is derived from T."
+            text = @"
+class A { }
+class B : A { }
+class C
+{
+    A P { get; } = new B();
+}";
+            BackingFieldChecker(text, "A", "B");
+
+            //"From any class_type S to any interface_type T, provided S implements T."
+            text = @"
+interface A { }
+class B : A { }
+class C
+{
+    A P { get; } = new B();
+}";
+            BackingFieldChecker(text, "A", "B");
+
+            //"From an array_type S with an element type SE to an array_type T with an element type TE, provided ..."
+            text = @"
+class A { }
+class B : A { }
+class C
+{
+    A[] P { get; } = new B[0];
+}";
+            BackingFieldChecker(text, "A[]", "B[]");
+
+            //"From any array_type to System.Array and the interfaces it implements."
+            text = @"
+class A { }
+class C
+{
+    Array P { get; } = new A[0];
+}";
+            BackingFieldChecker(text, "Array", "A[]");
+
+            //"From a single-dimensional array type S[] to System.Collections.Generic.IList<T> and its base interfaces..."
+            text = @"
+class A { }
+class C
+{
+    IList<A> P { get; } = new A[0];
+}";
+            BackingFieldChecker(text, "IList<A>", "A[]");
+
+            //"From a single-dimensional array type S[] to System.Collections.Generic.IList<T> and its base interfaces..."
+            text = @"
+delegate A();
+class C
+{
+    Delegate P { get; } = new A(() => {});
+}";
+            BackingFieldChecker(text, "Delegate", "A");
+
+            //"From the null literal to any reference_type."
+            text = @"
+class A { }
+class C
+{
+    A P { get; } = null;
+}";
+            BackingFieldChecker(text, "A");
+
+            //Variance conversion
+            text = @"
+class A { }
+class B : A { }
+interface I<out T> { }
+class C
+{
+    I<A> P { get; } = CreateB();
+    static I<B> CreateB() => null;
+}";
+            BackingFieldChecker(text, "I<A>", "I<B>");
+
+            //"Implicit conversions involving type parameters that are known to be reference types."
+            text = @"
+interface I { }
+class C<T> where T : class, I, new()
+{
+    I P { get; } = new T();
+}";
+            BackingFieldChecker(text, "I", "T");
+
+
+            void BackingFieldChecker(string source, string expectedPropertyType, string expectedFieldType = null)
+            {
+                Assert.NotNull(source);
+                Assert.NotNull(expectedPropertyType);
+
+                //If no field type, assume it is the same as the property type.
+                if (expectedFieldType == null)
+                    expectedFieldType = expectedPropertyType;
+
+                var comp = CreateCompilation(source);
+                var global = comp.GlobalNamespace;
+                var c = global.GetTypeMember("C");
+
+                var p = c.GetMember<PropertySymbol>("P");
+                Assert.Equal(expectedPropertyType, p.Type.ToString());
+
+                //find the field without depending on the exact name
+                FieldSymbol fieldSym = null;
+                foreach (var mem in c.GetMembers())
+                {
+                    if (mem.Kind == SymbolKind.Field)
+                    {
+                        fieldSym = mem as FieldSymbol;
+                        break;
+                    }
+                }
+                Assert.NotNull(fieldSym);
+                Assert.Equal(expectedFieldType, fieldSym.Type.ToString());
+            }
+        }
+
         [Fact]
         public void AutoWithInitializerInStruct1()
         {