Boston Properties, Inc. with ticker code (BXP) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 86 and 52 with the average target price sitting at $66.72. Now with the previous closing price of $52.28 and the analysts are correct then there would likely be a percentage uptick in value of 27.6%. It’s also worth noting that there is a 50 day moving average of $58.73 and the 200 day MA is $72.08. The company has a market cap of $8,174m. Company Website: https://www.bxp.com
The potential market cap would be $10,432m based on the market consensus.
Boston Properties (NYSE: BXP) is the largest publicly traded developer, owner, and manager of Class A office properties in the United States, concentrated in six markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP 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. Including properties owned by unconsolidated joint ventures, BXP’s portfolio totals 53.7 million square feet and 193 properties, including twelve properties under construction/redevelopment.
The company has a dividend yield of 7.52% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 9.65, revenue per share of 19.72 and a 2.83% return on assets.
