LXP Industrial Trust with ticker code (LXP) have now 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 13 and 10 and has a mean target at $11.50. Given that the stocks previous close was at $10.01 this is indicating there is a potential upside of 14.9%. The day 50 moving average is $10.90 and the 200 day moving average is $10.46. The market capitalization for the company is $2,925m. You can visit the company’s website by visiting: https://www.lxp.com
The potential market cap would be $3,360m based on the market consensus.
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.
The company has a dividend yield of 5.08% with the ex dividend date set at 29-12-2022 (DMY).
Other points of data to note are a P/E ratio of 25.56, revenue per share of 1.15 and a 0.73% return on assets.
