Boston Properties found using ticker (BXP) have now 20 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 147 and 111 with the average target price sitting at 131.25. With the stocks previous close at 111.1 this indicates there is a potential upside of 18.1%. The 50 day moving average now sits at 123.22 and the 200 moving average now moves to 117.64. The company has a market cap of $17,663m. Company Website: https://www.bostonproperties.com
The potential market cap would be $20,867m based on the market concensus.
Boston Properties (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets – Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company’s portfolio totals 51.2 million square feet and 196 properties, including six properties under construction/redevelopment.