In a report released yesterday, Sheila McGrath from Evercore ISI maintained a Hold rating on Lexington Realty (LXP – Research Report), with a price target of $15.00. The company’s shares closed last Friday at $11.67.
According to TipRanks.com, McGrath is a 3-star analyst with an average return of 3.4% and a 46.2% success rate. McGrath covers the Financial sector, focusing on stocks such as Essential Properties Realty, Four Corners Property, and Community Healthcare.
The word on The Street in general, suggests a Hold analyst consensus rating for Lexington Realty with a $15.00 average price target.
The company has a one-year high of $16.11 and a one-year low of $11.75. Currently, Lexington Realty has an average volume of 3.02M.
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Lexington Realty Trust is a real estate investment trust, which engages in financing, acquisition, and ownership of portfolio of single-tenant commercial properties. It also provides investment advisory and asset management services. The company was founded by E. Robert Roskind in October 1993 and is headquartered in New York, NY.
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