Boston Properties Inc (BXP): Today's Featured Real Estate Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day up 0.6%. By the end of trading, Boston Properties rose $1.24 (1.1%) to $111.35 on light volume. Throughout the day, 653,779 shares of Boston Properties exchanged hands as compared to its average daily volume of 1,131,300 shares. The stock ranged in a price between $109.88-$111.62 after having opened the day at $110.63 as compared to the previous trading day's close of $110.11. Other companies within the Real Estate industry that increased today were:
(
), up 21.9%,
China Housing & Land Development
(
), up 13.8%,
(
), up 12.0% and
(
), up 7.3%.
Boston Properties, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the ownership and development of office properties. Boston Properties has a market cap of $16.8 billion and is part of the financial sector. Shares are up 4.1% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Boston Properties a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Boston Properties
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Boston Properties Ratings Report.
On the negative front,
(
), down 7.4%,
(
), down 5.5%,
(
), down 4.3% and
(
), down 2.2%.
- Use our real estate section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider
iShares Dow Jones US Real Estate
(
) while those bearish on the real estate industry could consider
ProShares Short Real Estate Fund
(
).
- Find other investment ideas from our top rated ETFs lists.
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