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 14 and 12 calculating the mean target price we have 12.63. Given that the stocks previous close was at 8.81 this would indicate that there is a potential upside of 43.4%. There is a 50 day moving average of 10.42 and the 200 moving average now moves to 12.72. The market capitalisation for the company is $2,608m. Company Website: https://www.lxp.com
The potential market cap would be $3,739m 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.
