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Analysts Offer Insights on Real Estate Companies: Boston Properties (BXP), Elite Commercial REIT (SG:MXNU) and Keppel DC REIT (OtherKPDCF)

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Boston Properties (BXPResearch Report), Elite Commercial REIT (SG:MXNUResearch Report) and Keppel DC REIT (KPDCFResearch Report).

Boston Properties (BXP)

In a report issued on April 8, Anthony Paolone from J.P. Morgan maintained a Sell rating on Boston Properties, with a price target of $65.00. The company’s shares closed last Tuesday at $57.98.

According to TipRanks.com, Paolone is a 3-star analyst with an average return of 2.3% and a 50.2% success rate. Paolone covers the NA sector, focusing on stocks such as Howard Hughes Holdings, Apartment Income REIT, and Cushman & Wakefield.

Boston Properties has an analyst consensus of Moderate Buy, with a price target consensus of $73.00.

See the top stocks recommended by analysts >>

Elite Commercial REIT (SG:MXNU)

In a report issued on April 15, Lock Mun Yee from CGS-CIMB reiterated a Buy rating on Elite Commercial REIT, with a price target of £0.38. The company’s shares closed yesterday at p24.00.

According to TipRanks.com, Yee is a 1-star analyst with an average return of -6.3% and a 23.3% success rate. Yee covers the NA sector, focusing on stocks such as Frasers Logistics & Commercial Trust, CapitaLand Ascendas REIT, and CDL Hospitality Trusts.

Currently, the analyst consensus on Elite Commercial REIT is a Moderate Buy with an average price target of p33.00.

Keppel DC REIT (KPDCF)

DBS analyst Dale Lai maintained a Buy rating on Keppel DC REIT on February 13 and set a price target of S$2.20. The company’s shares closed last Wednesday at $1.23.

According to TipRanks.com, Lai ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -11.1% and a 21.6% success rate. Lai covers the NA sector, focusing on stocks such as Frasers Logistics & Commercial Trust, CapitaLand Ascendas REIT, and ESR-REIT.

Keppel DC REIT has an analyst consensus of Moderate Buy, with a price target consensus of $1.45, implying a 17.9% upside from current levels. In a report issued on February 7, J.P. Morgan also upgraded the stock to Buy with a S$1.85 price target.

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