Lexington Realty Trust – Consensus Indicates Potential 4.2% Upside

Broker Ratings

Lexington Realty Trust with ticker code (LXP) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 16 and 11 with the average target price sitting at 14.25. Now with the previous closing price of 13.68 this would imply there is a potential upside of 4.2%. The 50 day MA is 13.41 and the 200 day MA is 12.34. The market capitalisation for the company is $4,005m. You can visit the company’s website by visiting: 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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