Boston Properties (BXP) Receives Analyst Rating

Boston Properties (BXP) : Zacks Investment Research ranks Boston Properties (BXP) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 17 research analysts is 2.24, which indicates as a Buy.

Boston Properties (BXP) : The highest level Boston Properties (BXP) is projected to reach is $165 for the short term and the lowest estimate is at $131. The consolidated price target from 15 rating analysts who initiate coverage on the stock is $145.87 and the possibility the share price can swing is $8.9.


Also, BTIG Research initiates coverage on Boston Properties (NYSE:BXP). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 25, 2016.

Boston Properties (NYSE:BXP): The stock opened in the green at $134.65 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $135.25 and a low of $133.84 for the day. The stock did not find buyers even at the lows and closed at $134.76 recording a loss of -0.02%. 662,053 shares exchanged hands during the trading day. The stock had closed at $134.79 in the previous days trading.

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.

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