LXP Industrial Trust with ticker code (LXP) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 18 and 14 calculating the mean target price we have 16.25. With the stocks previous close at 15.54 this now indicates there is a potential upside of 4.6%. The 50 day MA is 14.97 and the 200 moving average now moves to 13.98. The company has a market capitalisation of $4,433m. Company Website: https://www.lxp.com
The potential market cap would be $4,636m 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 transactionsluding acquisitions.
