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Investment analysts at JPMorgan Chase & Co. hoisted their price objective on shares of Boston Properties (NYSE:BXP) from $118.00 to $119.00 in a note issued to investors on Friday. JPMorgan Chase & Co.’s target price points to a potential downside of 0.40% from the stock’s previous close.

A number of other firms have also recently commented on BXP. Analysts at Barclays reiterated an “overweight” rating on shares of Boston Properties in a research note on Friday, May 16th. They now have a $120.00 price target on the stock, down previously from $121.00. Separately, analysts at Robert W. Baird raised their price target on shares of Boston Properties from $113.00 to $122.00 in a research note on Tuesday, May 13th. Finally, analysts at RBC Capital raised their price target on shares of Boston Properties from $115.00 to $125.00 in a research note on Tuesday, May 6th. They now have an “outperform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Boston Properties currently has an average rating of “Buy” and an average price target of $111.14.

Shares of Boston Properties (NYSE:BXP) opened at 119.48 on Friday. Boston Properties has a 52 week low of $98.04 and a 52 week high of $121.05. The stock has a 50-day moving average of $118.1 and a 200-day moving average of $109.7. The company has a market cap of $18.285 billion and a P/E ratio of 24.40.

Boston Properties (NYSE:BXP) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.24 by $0.04. On average, analysts predict that Boston Properties will post $5.28 earnings per share for the current fiscal year.

In other Boston Properties news, SVP Frank D. Burt sold 3,833 shares of the stock on the open market in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $118.93, for a total transaction of $455,858.69. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Boston Properties, Inc is an integrated, self-administered and self-managed real estate investment trust (NYSE:BXP).

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