SunTrust Robinson analyst Michael R Lewis reiterated a Hold rating on Boston Properties (NYSE: BXP) yesterday and set a price target of $137. The company’s shares closed yesterday at $132.15, close to its 52-week high of $132.61.
According to TipRanks.com, Lewis is a 4-star analyst with an average return of 7.2% and a 80.0% success rate. Lewis covers the Financial sector, focusing on stocks such as Washington Real Estate Investment Trust, Apartment Investment & Management, and Office Properties Trust.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boston Properties with a $136 average price target, a 2.9% upside from current levels. In a report issued on August 5, Mizuho Securities also reiterated a Hold rating on the stock with a $130 price target.
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Boston Properties’ market cap is currently $20.41B and has a P/E ratio of 38.87. The company has a Price to Book ratio of 3.58.
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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.
