LXP Industrial Trust with ticker code (LXP) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 16 and 12 calculating the mean target price we have 14.13. Now with the previous closing price of 10.41 this is indicating there is a potential upside of 35.7%. There is a 50 day moving average of 11.84 while the 200 day moving average is 14.05. The company has a market capitalisation of $2,996m. Company Website: https://www.lxp.com
The potential market cap would be $4,067m 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.