Impact of Brokerage Rating on Boston Properties, Inc.(BXP)

Many Boston Properties, Inc.(BXP) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Boston Properties was Downgraded by Deutsche Bank on Jan 9, 2017 to Hold, Lowers Price Target to $ 132 from a previous price target of $152 .Boston Properties was Downgraded by Citigroup to Neutral on Dec 9, 2016.

Company has reported several Insider transactions to the SEC, on Aug 18, 2016, John Francis Powers (Executive Vice President) purchased 7,272 shares at 26.00 per share price.On Aug 18, 2016, Bryan J Koop (Executive Vice President) sold 5,280 shares at 142.31 per share price.On Aug 11, 2016, Peter D Johnston (Executive Vice President) sold 7,111 shares at 143.25 per share price.

Boston Properties Last issued its quarterly earnings results on Jan 31, 2017. The company reported $1.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $1.49. The company had revenue of $636.06 million for the quarter, compared to analysts expectations of $625.39 million. The companys revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 EPS.

Boston Properties, Inc. (NYSE:BXP) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.65 by 17 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 14 Brokerage Firms have advised hold.

Boston Properties, Inc. (NYSE:BXP): According to 14 Analysts, The short term target price has been estimated at $ 137.64.The target price could deviate by a maximum of $11.95 from the forecast price. In the near term, the target price could hit a high of $165 and a low of $ 113.

Boston Properties, Inc. (NYSE:BXP) rose 0.76% or 1.03 points on Tuesday and made its way into the gainers of the day. After trading began at $134.46 the stock was seen hitting $136.04 as a peak level and $133.16 as the lowest level. The stock ended up at $135.79. The daily volume was measured at 991,896 shares. The 52-week high of the share price is $144.02 and the 52-week low is $108.61. The company has a market cap of $20,883 million.

Boston Properties is a fully integrated, self-administered and self- managed real estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of Class-A office, industrial and hotel properties. The Company is one of the largest owners and developers of Class-A office properties in the United States, concentrated in four core markets — Boston, Midtown Manhattan, Washington, DC and San Francisco.


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