Evercore ISI analyst Sheila McGrath maintained a Buy rating on Lexington Realty (NYSE:LXP) Trust on Friday, setting a price target of $14, which is approximately 5.58% above the present share price of $13.26.
McGrath expects Lexington Realty Trust to post earnings per share (EPS) of $0.14 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Lexington Realty, with an average price target of $14.33.
The analysts price targets range from a high of $15 to a low of $14.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $92.56 million and a net profit of $31.03 million. The company's market cap is $3.89 billion.
According to TipRanks.com, Evercore ISI analyst Sheila McGrath is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.1% and a 70.37% success rate.
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.