Jefferies (NYSE:JEF) analyst Peter Abramowitz maintained a Hold rating on Boston Properties (NYSE:BXP) on Wednesday, setting a price target of $96, which is approximately 6.62% above the present share price of $90.04.
Abramowitz expects Boston Properties to post earnings per share (EPS) of $1.71 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Boston Properties, with an average price target of $105.33.
The analysts price targets range from a high of $121 to a low of $91.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $654.77 million and a net profit of $194.6 million. The company's market cap is $14.01 billion.
According to TipRanks.com, Jefferies analyst Peter Abramowitz is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 3.1% and a 100.00% success rate.
Boston Properties, Inc. operates as a real estate investment trust. It develops, redevelops, acquires, manages, and owns aportfolio of Class A properties. It operates through the following geographical segments: Boston, New York, San Francisco, and Washington, DC. The company was founded by Mortimer Benjamin Zuckerman and Edward H. Linde (NYSE:LIN) in 1970 and is headquartered in Boston, MA.