LXP Industrial Trust found using ticker (LXP) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 14 and 12 and has a mean target at 12.83. With the stocks previous close at 10.15 this is indicating there is a potential upside of 26.4%. The 50 day moving average now sits at 10.67 and the 200 moving average now moves to 13.15. The market capitalisation for the company is $2,928m. Company Website: https://www.lxp.com
The potential market cap would be $3,701m 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.
