Barclays Capital Reiterates Equal Weight on Lexington Realty Trust (LXP)

By admin | 6 years ago

Lexington Realty Trust (NYSE: LXP)‘s stock had its “equal weight” rating reaffirmed by Barclays Capital (NYSE: BCS) in a research note issued on Friday.

Lexington Realty Trust traded down 0.36% on Friday, hitting $8.39. Lexington Realty Trust has a 1-year low of $5.71 and a 1-year high of $10.14. The company’s market cap is $1.306 billion.

Lexington Realty Trust last released its earnings data on Thursday, May 3rd. The company reported $0.00 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.23 by $0.23. The company’s quarterly revenue was up 2.8% on a year-over-year basis. Analysts expect that Lexington Realty Trust will post $0.24 EPS next quarter.

Lexington Realty Trust (Lexington) is a self-managed and self-administered real estate investment trust (REIT).

About the author