LXP Industrial Trust found using ticker (LXP) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 14 and 12 with a mean TP of 12.83. Now with the previous closing price of 10.16 this indicates there is a potential upside of 26.3%. There is a 50 day moving average of 10.71 and the 200 day moving average is 13.22. The market cap for the company is $2,824m. You can visit the company’s website by visiting: https://www.lxp.com
The potential market cap would be $3,567m based on the market concensus.
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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.