LXP Industrial Trust – Consensus Indicates Potential 10.3% Upside

Broker Ratings

LXP Industrial Trust with ticker code (LXP) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 13 and 10 calculating the mean target price we have 11.5. Now with the previous closing price of 10.43 this would imply there is a potential upside of 10.3%. The 50 day MA is 10.92 and the 200 day moving average is 10.52. The market capitalisation for the company is $3,016m. You can visit the company’s website by visiting: https://www.lxp.com

The potential market cap would be $3,325m 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.

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