LXP Industrial Trust found using ticker (LXP) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 13 and 10 calculating the mean target price we have 11.5. With the stocks previous close at 10.24 this would imply there is a potential upside of 12.3%. The 50 day MA is 10.25 while the 200 day moving average is 11.02. The company has a market capitalisation of $2,928m. Company Website: https://www.lxp.com
The potential market cap would be $3,288m based on the market concensus.
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.
