LXP Industrial Trust with ticker code (LXP) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 18 and 14 with a mean TP of 16.2. Now with the previous closing price of 15.42 this now indicates there is a potential upside of 5.1%. The 50 day MA is 14.9 and the 200 day moving average is 13.68. The company has a market cap of $4,381m. Visit the company website at: https://www.lxp.com
The potential market cap would be $4,602m 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.
