Boston Properties with ticker code (BXP) have now 20 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 147 and 111 and has a mean target at 131.25. Given that the stocks previous close was at 105.08 this is indicating there is a potential upside of 24.9%. The day 50 moving average is 121.86 and the 200 moving average now moves to 117.47. The market capitalisation for the company is $16,491m. Company Website: https://www.bostonproperties.com
The potential market cap would be $20,598m 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.
