Boston Properties (NYSE:BXP) Target Lowered by Stifel Nicolaus to $110.00

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Boston Properties stock has undergone multiple analysts rating changes in the recent past.  Boston Properties stock Target Lowered by   Stifel Nicolaus on 6/30/2020. In a note to investors, the firm issued a new target price of $110.00. The analysts previously had $115.00 target price. Stifel Nicolaus’s price target would indicate a potential upside of 22.67% from the stock’s previous close.

Shares of Boston Properties traded up $0.49 on Tuesday, reaching $90.16. 352097 shares of the stock traded hands, compared to its average volume of 1962595. Shares of were trading at $90.16 on Tuesday. The firm’s 50 day moving average is $$89.77 and its 200 day moving average is $118.79.Boston Properties  has a 12 month low of $88.44 and a 12 month high of $147.83. While on yearly highs and lows, Boston Properties today has traded high as $90.68 and has touched $88.44 on the downward trend.

Boston Properties Earnings and What to expect: 

Boston Properties last released its earnings data on April 28th, 2020. The real estate investment trust reported $3.20 EPS for the quarter, beating the consensus estimate of $0.81 by $2.39. The company had revenue of $752.60 million for the quarter, compared to analyst estimates of $761.83 million. Its quarterly revenue was up 3.7% on a year-over-year basis. Boston Properties has generated $7.01 earnings per share over the last year and currently has a price-to-earnings ratio of 15.4. Boston Properties has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Earnings for Boston Properties are expected to grow by 5.03% in the coming year, from $7.15 to $7.51 per share. The P/E ratio of Boston Properties is 15.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.26. The P/E ratio of Boston Properties is 15.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.16. Boston Properties has a PEG Ratio of 2.48. PEG Ratios above 1 indicate that a company could be overvalued. Boston Properties has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.98%
  • On 5/22/2020 EVP Bryan J Koop Buy 2,000 at average share price of $78.00 which equates to $156,000.00 in money value.
  • On 5/14/2020 Director Bruce W Duncan Buy 5,000 at average price of  $75.47 with total value of : Not Data Available
  • On 5/4/2020 Director Bruce W Duncan Buy 11,000 at average price of  $89.14 with total value of : $980,540.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Boston Properties

  • 6/9/2020 – Boston Properties was upgraded by analysts at SunTrust Banks, Inc. from a “hold” rating to a “buy” rating. They now have a $121.00 price target on the stock.
  • 5/28/2020 – Boston Properties had its price target lowered by analysts at Morgan Stanley from $130.00 to $91.00. They now have an “equal weight” rating on the stock.
  • 4/28/2020 – Boston Properties had its price target lowered by analysts at Mizuho from $152.00 to $105.00. They now have a “neutral” rating on the stock.
  • 4/28/2020 – Boston Properties had its price target lowered by analysts at JPMorgan Chase & Co. from $147.00 to $118.00. They now have a “neutral” rating on the stock.
  • See More Analyst Rating at: RATING

Other rating updates by Stifel Nicolaus: 

  • 6/30/2020 – Archer Daniels Midland had its price target lowered by analysts at Stifel Nicolaus from $48.00 to $47.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – Atlas Air Worldwide had its price target raised by analysts at Stifel Nicolaus from $50.00 to $51.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – Harsco had its price target raised by analysts at Stifel Nicolaus from $16.00 to $20.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – IGM Biosciences had its price target raised by analysts at Stifel Nicolaus from $67.00 to $95.00. They now have a “buy” rating on the stock.
  • See More Analyst Rating at: RATING

Boston Properties (NYSE:BXP) Moving Average Technical Analysis

5 day Moving Average is $$89.21 And 5 day price change is -$3.18 (-3.43%)  with average volume for 5 day average is 1,238,717. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $95.24 and 20 day price change is -$0.79 (-0.88%) and average 20 day moving volume is 1,822,324. 50 day moving average is $89.77  and 50 day price change is -$2.02 ( -2.21%)  and with average volume for 50 days is : 1,850,692. 200 day moving average is $118.79  and 200 day price change is -$41.98 (-31.95%)  and with average volume for 200 days is : 1,134,391.

See More Analyst Rating at: RATING