LXP Industrial Trust with ticker code (LXP) now have 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 17 and 14 with a mean TP of 16. Now with the previous closing price of 14.25 this would imply there is a potential upside of 12.3%. There is a 50 day moving average of 14.96 and the 200 day moving average is 13.52. The market cap for the company is $4,033m. You can visit the company’s website by visiting: https://www.lxp.com
The potential market cap would be $4,528m 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.
