Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Boston Props BXP in the last three months.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 0 | 6 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 3 | 0 | 0 |
3M Ago | 1 | 0 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $73.43, a high estimate of $80.00, and a low estimate of $64.00. Observing a 9.6% increase, the current average has risen from the previous average price target of $67.00.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Boston Props by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Lewis | Truist Securities | Lowers | Hold | $75.00 | $77.00 |
Anthony Powell | Barclays | Raises | Equal-Weight | $67.00 | $64.00 |
Omotayo Okusanya | Deutsche Bank | Announces | Hold | $74.00 | - |
Anthony Powell | Barclays | Lowers | Equal-Weight | $64.00 | $65.00 |
Barry Jonas | Truist Securities | Lowers | Hold | $77.00 | $79.00 |
Peter Abramowitz | Jefferies | Raises | Buy | $80.00 | $57.00 |
Alexander Goldfarb | Piper Sandler | Raises | Neutral | $77.00 | $60.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Boston Props. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Boston Props compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Boston Props's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Boston Props's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Boston Props analyst ratings.
Unveiling the Story Behind Boston Props
Boston Properties owns over 190 properties consisting of approximately 53 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.
Boston Props: Delving into Financials
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Boston Props's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 4.95%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 14.47%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.06%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Boston Props's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.47%, the company showcases efficient use of assets and strong financial health.
Debt Management: Boston Props's debt-to-equity ratio surpasses industry norms, standing at 2.83. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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