Boston Properties, Inc. with ticker code (BXP) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 101 and 50 calculating the average target price we see 76.22. Now with the previous closing price of 71.78 this would imply there is a potential upside of 6.2%. The 50 day MA is 69.71 and the 200 day MA is 83.14. The company has a market capitalisation of $11,371m. Company Website: https://www.bostonproperties.com
The potential market cap would be $12,075m 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.
