Published On: Wed, Oct 19th, 2016

Lexington Realty Trust (NYSE:LXP) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for Lexington Realty Trust (NYSE:LXP).

07/19/2016 – Broker: Jefferies Rating: hold New Target: 11 downgrade

06/13/2016 – Broker: Evercore ISI Rating: hold New Target: 10 downgrade

05/19/2016 – Broker: Ladenburg Thalmann Rating: neutral downgrade

03/29/2016 – Broker: Bank of America Merrill Lynch Rating: underperform downgrade

12/15/2015 – Broker: Wells Fargo Rating: market perform downgrade

06/17/2015 – Broker: KeyBanc Rating: sector weight upgrade

05/28/2015 – Broker: Barclays Rating: equal weight New Target: 10 reiteration

05/01/2015 – Broker: Zacks Rating: hold reiteration

11/07/2013 – Broker: TheStreet Rating: hold downgrade

10/16/2013 – Broker: Stifel Nicolaus Rating: hold New Target: 14 downgrade

The average price target from the most recent broker reports is 11.25

The stock increased +1.30% (+0.13) during the last days session, reaching 10.11 and roughly 499504 shares were bought or sold by traders. Lexington Realty Trust (NYSE:LXP) has increased by +24.05% over 12 months.

Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. The Company’s segment is single-tenant real estate assets. The Company also provides investment advisory and asset management services to investors in the single-tenant area. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in over 40 states and containing an aggregate of approximately 42.3 million square feet of space, approximately 96.8% of which was leased. The properties in which the Company has an interest are leased to tenants in various industries, including service, automotive, technology, transportation and logistics, and finance and insurance.