LXP Industrial Trust with ticker code (LXP) have now 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 14 and 12 with the average target price sitting at 12.83. Given that the stocks previous close was at 10.83 this would indicate that there is a potential upside of 18.5%. The day 50 moving average is 10.74 and the 200 day MA is 13.52. The company has a market cap of $3,091m. You can visit the company’s website by visiting: https://www.lxp.com
The potential market cap would be $3,662m 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.
