LXP Industrial Trust with ticker code (LXP) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 16 and 12 with a mean TP of 14.13. With the stocks previous close at 10.24 this now indicates there is a potential upside of 38.0%. There is a 50 day moving average of 12.16 and the 200 day moving average is 14.1. The market capitalisation for the company is $2,970m. You can visit the company’s website by visiting: https://www.lxp.com
The potential market cap would be $4,098m 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.
