Boston Properties (BXP) Receiving Somewhat Favorable News Coverage, Report Shows
Media stories about Boston Properties (NYSE:BXP) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Boston Properties earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.5046974912529 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
BXP has been the topic of a number of recent analyst reports. ValuEngine downgraded shares of Boston Properties from a “hold” rating to a “sell” rating in a research report on Monday, June 18th. Deutsche Bank boosted their price target on shares of Boston Properties from $133.00 to $134.00 and gave the stock a “hold” rating in a research report on Tuesday, June 26th. Jefferies Financial Group restated a “hold” rating and issued a $118.00 price target on shares of Boston Properties in a research report on Wednesday, August 1st. Stifel Nicolaus boosted their price target on shares of Boston Properties from $130.00 to $135.00 and gave the stock a “hold” rating in a research report on Thursday, August 2nd. Finally, TheStreet upgraded shares of Boston Properties from a “c+” rating to a “b-” rating in a research report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $132.79.
Boston Properties stock opened at $127.92 on Wednesday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 4.02 and a current ratio of 4.02. Boston Properties has a 12-month low of $111.57 and a 12-month high of $132.82. The firm has a market cap of $19.86 billion, a P/E ratio of 20.98, a P/E/G ratio of 3.38 and a beta of 0.56.
Boston Properties Company Profile
Boston Properties is a fully integrated real estate company, organized as a real estate investment trust, that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 50.2 million square feet and consisting of 166 office properties (including nine properties under construction), six residential properties (including three properties under construction), five retail properties and one hotel.
Recommended Story: What are the Different Types of Leveraged Buyouts?
Receive News & Ratings for Boston Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Properties and related companies with MarketBeat.com's FREE daily email newsletter.