Boston Properties (BXP) : 6 brokerage houses believe that Boston Properties (BXP) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Boston Properties (BXP). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 2.19.
Boston Properties (BXP) : 13 investment research analysts covering Boston Properties (BXP) have an average price target of $144.85 for the near short term. The highest target price given by the Brokerage Firm to the stock is $159 and the lowest target is $131 for the short term. Analysts expect the variance to be within $8.37 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Boston Properties (NYSE:BXP): The stock opened at $143.47 on Thursday but the bulls could not build on the opening and the stock topped out at $143.61 for the day. The stock traded down to $141.45 during the day, due to lack of any buying support eventually closed down at $142.35 with a loss of -0.73% for the day. The stock had closed at $143.39 on the previous day. The total traded volume was 455,016 shares.
In a related news,The director of Boston Properties Inc, Turchin Martin sold 1,504 shares at $140.31 on August 3, 2016. The Insider selling transaction had a total value worth of $211,026. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Boston Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Companys properties are concentrated in four markets: Boston, New York, San Francisco and Washington, DC. The Company conducts all of its business through its subsidiary, Boston Properties Limited Partnership. The Company considers office/technical properties to be properties that support office, research and development, laboratory and other technical uses. The Company is also engaged in providing resources in acquisitions, development, financing, capital markets, construction management, property management, marketing, leasing, accounting, risk management, tax and legal services.