LXP Industrial Trust with ticker code (LXP) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 16 and 14 calculating the mean target price we have 14.88. Given that the stocks previous close was at 11.45 this indicates there is a potential upside of 30.0%. The 50 day moving average now sits at 12.68 and the 200 day MA is 14.17. The market cap for the company is $3,260m. Company Website: https://www.lxp.com
The potential market cap would be $4,237m 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.
