LXP Industrial Trust which can be found using ticker (LXP) now have 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 12 and 10 calculating the mean target price we have $11.25. Now with the previous closing price of $9.65 and the analysts are correct then we can expect a percentage increase in value of 16.6%. The 50 day moving average now sits at $10.25 while the 200 day moving average is $10.32. The total market capitalization for the company now stands at $2,815m. You can visit the company’s website by visiting: https://www.lxp.com
The potential market cap would be $3,282m based on the market consensus.
LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.
The company has a dividend yield of 5.18% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 25.25, revenue per share of 1.15 and a 0.73% return on assets.
