Mizuho Securities analyst Richard Anderson reiterated a Hold rating on Boston Properties (NYSE: BXP) yesterday and set a price target of $130. The company’s shares closed on Friday at $129.10, close to its 52-week high of $132.
According to TipRanks.com, Anderson is a 4-star analyst with an average return of 6.3% and a 73.3% success rate. Anderson covers the Financial sector, focusing on stocks such as Apartment Investment & Management, First Industrial Realty Trust, and Hudson Pacific Properties.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boston Properties with a $131.33 average price target, representing a 1.7% upside. In a report issued on July 31, Jefferies also reiterated a Hold rating on the stock with a $118 price target.
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Boston Properties’ market cap is currently $19.93B and has a P/E ratio of 37.97. The company has a Price to Book ratio of 3.50.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock.
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Boston Properties, Inc. operates as a real estate investment trust. The company engages in the acquisition, development, financing, capital markets, construction management, property management, marketing, leasing, accounting, and tax and legal services.
