LXP Industrial Trust found using ticker (LXP) have now 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 14 and 12 calculating the mean target price we have 12.83. With the stocks previous close at 10.39 this would imply there is a potential upside of 23.5%. The 50 day moving average now sits at 10.92 and the 200 moving average now moves to 13.77. The company has a market capitalisation of $2,990m. Visit the company website at: https://www.lxp.com
The potential market cap would be $3,692m 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.