Boston Properties Inc. (NYSE:BXP) traded today at a new 52-week high of $117.38. So far today approximately 119,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
In the past 52 weeks, shares of Boston Properties Inc. have traded between a low of $69.69 and a high of $117.38 and is now at $117.04, which is 68% above that low price.
Boston Properties owns over 150 properties consisting of approximately 48 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, and the Washington, D.C., region, along with a newly established presence in Los Angeles. The real estate investment trust also owns limited retail, hotel, and residential properties.
Potential upside of 88.4% exists for Boston Properties Inc., based on a current level of $117.04 and analysts’ average consensus price target of $220.49.
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