LXP Industrial Trust found using ticker (LXP) have now 4 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 with the average target price sitting at 12.63. Given that the stocks previous close was at 9.49 this would indicate that there is a potential upside of 33.1%. The 50 day moving average now sits at 10.28 and the 200 day moving average is 12.57. The company has a market capitalisation of $2,586m. You can visit the company’s website by visiting: https://www.lxp.com
The potential market cap would be $3,441m 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.
