Boston Properties with ticker code (BXP) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 86 and 52 suggesting an average Analsyt target price of $66.72. Now with the previous closing price of $52.12 this would imply there is now a potential upside of 28.0%. The day 50 moving average is $58.34 and the 200 moving average now moves to $71.89. The total market capitalization for the company now stands at $8,160m. Find out more information at: https://www.bxp.com
The potential market cap would be $10,446m 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 9.64, revenue per share of 19.72 and a 2.83% return on assets.
