FBR Capital lifted their price target on shares of Lexington Realty Trust (NYSE: LXP) from $11.50 to $13.00 in a research note issued on Thursday. The firm currently has an “outperform” rating on the stock.

A number of other firms have also recently commented on LXP. Analysts at Jefferies Group reiterated a “buy” rating on shares of Lexington Realty Trust in a research note to investors on Friday, February 22nd. They now have a $13.00 price target on the stock, up previously from $11.00. Separately, analysts at TheStreet upgraded shares of Lexington Realty Trust to a “buy” rating in a research note to investors on Monday, December 31st.

Five investment analysts have rated the stock with a buy rating, and three have given a hold rating to the company. The company currently has an average rating of “overweight” and a consensus price target of $11.36.

Shares of Lexington Realty Trust opened at 11.74 on Thursday. Lexington Realty Trust has a 52 week low of $7.82 and a 52 week high of $11.79. The stock’s 50-day moving average is currently $11.04. The company has a market cap of $2.217 billion and a P/E ratio of 12.62.

Lexington Realty Trust last announced its earnings results on Thursday, February 21st. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. The company had revenue of $95.53 million for the quarter, compared to the consensus estimate of $97.44 million. During the same quarter last year, the company posted $0.25 earnings per share. Lexington Realty Trust’s revenue was up 20.0% compared to the same quarter last year. Lexington Realty Trust has set its FY13 guidance at $1.01-1.04 EPS. Analysts expect that Lexington Realty Trust will post $1.03 EPS for the current fiscal year.

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

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