LXP Industrial Trust found using ticker (LXP) have now 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 12 and 10 with a mean TP of 11.5. With the stocks previous close at 10.13 this now indicates there is a potential upside of 13.5%. The 50 day MA is 10.09 and the 200 moving average now moves to 11.22. The market capitalisation for the company is $2,826m. Company Website: https://www.lxp.com
The potential market cap would be $3,209m 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.
