Morgan Stanley (NYSE:MS) analyst Vikram Malhorta maintained a Hold rating on Boston Properties (NYSE:BXP) on Thursday, setting a price target of $91, which is approximately 7.67% above the present share price of $84.52.
Malhorta expects Boston Properties to post earnings per share (EPS) of $3.20 for the second quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Boston Properties, with an average price target of $110.4.
The analysts price targets range from a high of $150 to a low of $90.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $752.56 million and a net profit of $271.98 million. The company's market cap is $13.8 billion.
According to TipRanks.com, Morgan Stanley analyst Vikram Malhorta is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -5.5% and a 46.15% 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.