LXP Industrial Trust with ticker code (LXP) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 17.5 and 14 and has a mean target at 16.13. Given that the stocks previous close was at 15.43 this indicates there is a potential upside of 4.5%. There is a 50 day moving average of 15.36 and the 200 day moving average is 14.3. The market cap for the company is $4,459m. You can visit the company’s website by visiting: https://www.lxp.com
The potential market cap would be $4,662m 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.
