LXP Industrial Trust – Consensus Indicates Potential 9.9% Upside

Broker Ratings
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LXP Industrial Trust found using ticker (LXP) have now 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 12 and 10 calculating the mean target price we have 11.5. With the stocks previous close at 10.46 this now indicates there is a potential upside of 9.9%. The day 50 moving average is 9.69 and the 200 moving average now moves to 11.61. The company has a market capitalisation of $2,976m. Company Website: https://www.lxp.com

The potential market cap would be $3,272m 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.

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