Boston Properties: Attractive Valuation With Limited Downside Risk

Jun. 23, 2022 11:49 AM ETBXP, Inc. (BXP) StockBXP7 Comments
Mayank N. Sharma
561 Followers

Summary

  • BXP is on a growth trajectory with continuous acquisitions and project developments.
  • Companies recalling employees to work from the office is a big positive.
  • BXP offers a dividend yield of 4.35%, with room for an even higher dividend payout in the coming quarters.
  • Its price/FFO multiple suggests 20% upside from current price levels for a target of $108. I assign BXP a buy rating.

Daily routine at the office

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Boston Properties, Inc. (NYSE:BXP) has been on a spree to acquire new office properties across the U.S., with significant property acquisitions in Seattle and Boston. My thesis mainly focuses on the expansion in the office space by

This article was written by

561 Followers
I am an Equity Research Analyst. I have a passion in researching undervalued companies with high growth potential. Having 4 years of fundamental analysis experience at hand, I look forward to keep investors informed about the lucrative investment opportunities in the Equity market.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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