NYSE:BXPOffice REITs
Boston Properties (BXP) Stock Looks Below Fair Value After Asset Sale Plans
BXP stock sits at an interesting valuation crossroads, with a Discounted Cash Flow (DCF) intrinsic value estimate pointing to around 23.4% upside, while the broader checks and longer term returns paint a more mixed picture after a five year decline.
Over the past 5 years, BXP shares are down about 25.7%, which means long term holders have not yet been rewarded despite a modest 0.2% gain over the last year.
The planned ground lease sale of 7 Times Square for over US$700m may support balance...