Lexington Realty Trust with ticker code (LXP) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14 and 9.75 and has a mean target at 12.05. Now with the previous closing price of 10.25 this is indicating there is a potential upside of 17.6%. The 50 day moving average now sits at 10.5 and the 200 day moving average is 10.78. The company has a market cap of $2,938m. Visit the company website at: http://www.lxp.com
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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