Piper Sandler Cuts BXP (NYSE:BXP) Price Target to $75.00

04 Apr 2026, 08:14 by Danessa Lincoln · The Markets Daily

BXP (NYSE:BXP – Free Report) had its price target decreased by Piper Sandler from $87.00 to $75.00 in a report released on Wednesday,Benzinga reports. Piper Sandler currently has an overweight rating on the real estate investment trust’s stock.

Other analysts have also issued research reports about the company. Scotiabank dropped their price objective on BXP from $74.00 to $65.00 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $70.00 price target on shares of BXP in a research report on Tuesday, January 6th. Royal Bank Of Canada raised shares of BXP to an “outperform” rating in a report on Thursday, December 4th. Evercore decreased their price objective on shares of BXP from $76.00 to $73.00 and set an “in-line” rating on the stock in a research report on Thursday, January 29th. Finally, Citigroup lowered their price objective on shares of BXP from $70.00 to $68.00 and set a “neutral” rating for the company in a research note on Tuesday, February 3rd. Ten research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, BXP presently has a consensus rating of “Hold” and an average price target of $74.10.

Check Out Our Latest Stock Report on BXP

BXP Stock Down 0.0%

Shares of BXP opened at $51.78 on Wednesday. The stock has a 50 day simple moving average of $57.70 and a two-hundred day simple moving average of $66.32. The company has a debt-to-equity ratio of 2.21, a current ratio of 5.36 and a quick ratio of 5.36. BXP has a 1 year low of $49.72 and a 1 year high of $79.33. The firm has a market cap of $8.21 billion, a P/E ratio of 29.76, a P/E/G ratio of 2.21 and a beta of 1.03.

BXP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Tuesday, March 31st. BXP’s payout ratio is 160.92%.

Insider Activity at BXP

In other BXP news, EVP Hilary J. Spann sold 5,495 shares of BXP stock in a transaction on Friday, February 27th. The stock was sold at an average price of $59.69, for a total transaction of $327,996.55. Following the completion of the transaction, the executive vice president owned 17,832 shares in the company, valued at approximately $1,064,392.08. The trade was a 23.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Owen D. Thomas sold 1,198 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $61.22, for a total transaction of $73,341.56. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,887 shares of company stock valued at $476,930 over the last quarter. Company insiders own 1.49% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BXP. Loomis Sayles & Co. L P purchased a new stake in BXP in the second quarter worth approximately $25,000. Elyxium Wealth LLC purchased a new position in shares of BXP in the fourth quarter worth approximately $25,000. Muzinich & Co. Inc. bought a new stake in BXP during the third quarter valued at approximately $27,000. Princeton Global Asset Management LLC grew its holdings in BXP by 892.5% during the fourth quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 357 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in shares of BXP in the second quarter worth $29,000. 98.72% of the stock is owned by institutional investors.

About BXP

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Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.