LXP Industrial Trust which can be found using ticker (LXP) have now 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 12 and 10 and has a mean target at $11.25. Now with the previous closing price of $9.31 and the analysts are correct then there would likely be a percentage uptick in value of 20.8%. There is a 50 day moving average of $9.88 while the 200 day moving average is $10.27. The company has a market cap of $2,831m. Company Website: https://www.lxp.com
The potential market cap would be $3,421m 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 5.37% with the ex dividend date set at 30-3-2023 (DMY).
