LXP Industrial Trust – Consensus Indicates Potential 30.4% Upside

Broker Ratings
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LXP Industrial Trust found using ticker (LXP) have now 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 14. Now with the previous closing price of 10.74 this indicates there is a potential upside of 30.4%. The 50 day moving average now sits at 11.54 while the 200 day moving average is 13.96. The market cap for the company is $3,076m. Visit the company website at: https://www.lxp.com

The potential market cap would be $4,010m 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.

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