LXP Industrial Trust found using ticker (LXP) now have 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 16 and 12 calculating the mean target price we have 13.63. With the stocks previous close at 10.6 this indicates there is a potential upside of 28.6%. The 50 day moving average now sits at 11.1 while the 200 day moving average is 13.84. The company has a market cap of $3,025m. Visit the company website at: https://www.lxp.com
The potential market cap would be $3,889m 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.