BMO keeps Buy rating for LXP Industrial Trust stock at USD 61.20

Published on 10/06/2026 at 06:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BMO set a USD 61.20 target on October 5, 2026. For LXP Industrial Trust stock, revenue reached USD 88.11 million in the second quarter of 2026.

LXP, US5290434084, Illustration mit AI erstellt.

LXP Industrial Trust (ISIN US5290434084) was last at USD 60.92 on the NYSE on October 5, 2026 at 4:00 p.m. EDT. On the same date, BMO analyst John Kim maintained a Buy rating and set a USD 61.20 price target, as Markets Insider reported on October 5, 2026.

Buy rating meets a USD 61.20 target

The BMO view places the target above the last NYSE quote, but the difference is narrow enough to keep the analyst signal measured rather than transformational. The report also shows that LXP remains closely tied to expectations for industrial real estate and tenant demand.

Second quarter beat expectations

LXP's latest reported quarter delivered a clear comparison. According to MarketBeat on September 18, 2026, the second-quarter results released on July 29 showed adjusted earnings of USD 0.84 per share against a USD 0.83 consensus estimate. Revenue reached USD 88.11 million versus expectations of USD 85.37 million, while revenue increased 0.40 percent year over year.

The same report described a divided analyst picture: seven of nine firms rated LXP Hold and two rated it Buy, with an average 12-month target of USD 57.40. That consensus figure sits below the latest NYSE quote, contrasting with BMO's more constructive USD 61.20 target.

Industrial portfolio supports the valuation

LXP's investor-relations page says the company acquires, owns, develops and operates industrial real estate in U.S. logistics markets through acquisitions, build-to-suit projects, sale-leaseback transactions and joint ventures, according to LXP Industrial Trust. The business model gives the quarterly revenue figure a direct link to occupancy, lease terms and development execution.

Market cap stands at USD 3.6 billion

LXP had a market capitalization of USD 3.6 billion as of October 5, 2026. Its 52-week range was USD 43.97 to USD 61.61 in the September 18, 2026 market snapshot, placing the latest NYSE quote near the upper end of that interval.