JPMorgan Chase & Co. Forecasts Strong Price Appreciation for BXP (NYSE:BXP) Stock

BXP (NYSE:BXP) had its price objective increased by investment analysts at JPMorgan Chase & Co. from $79.00 to $87.00 in a report released on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 24.30% from the stock’s previous close.

Several other research analysts have also recently issued reports on the stock. Truist Financial cut their price target on shares of BXP from $70.00 to $64.00 and set a “hold” rating for the company in a report on Tuesday, May 26th. Wells Fargo & Company lifted their price objective on BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a report on Monday, June 1st. LADENBURG THALM/SH SH boosted their target price on BXP from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. BMO Capital Markets reissued an “outperform” rating and set a $68.00 target price on shares of BXP in a research note on Tuesday, June 2nd. Finally, Cantor Fitzgerald reduced their price target on BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a report on Friday, May 15th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.68.

BXP Stock Performance

Shares of BXP opened at $69.99 on Tuesday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91. The stock has a market capitalization of $11.17 billion, a P/E ratio of 37.63, a P/E/G ratio of 2.53 and a beta of 1.01. The company’s fifty day moving average is $67.96 and its two-hundred day moving average is $61.48. BXP has a 1 year low of $49.72 and a 1 year high of $79.33.

BXP (NYSE:BXP) last announced its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The company had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. During the same quarter in the prior year, the firm earned $1.71 EPS. BXP’s quarterly revenue was up 3.1% on a year-over-year basis. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, sell-side analysts predict that BXP will post 7.03 earnings per share for the current year.

Insider Buying and Selling

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the transaction, the chief financial officer directly owned 5,839 shares in the company, valued at approximately $387,417.65. This represents a 81.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On BXP

Several institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its stake in BXP by 29.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 257 shares in the last quarter. First Trust Advisors LP boosted its position in BXP by 45.7% during the second quarter. First Trust Advisors LP now owns 40,369 shares of the real estate investment trust’s stock worth $2,724,000 after purchasing an additional 12,660 shares in the last quarter. Cresset Asset Management LLC grew its holdings in BXP by 29.5% in the second quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust’s stock valued at $628,000 after purchasing an additional 2,089 shares during the last quarter. Jump Financial LLC grew its holdings in BXP by 276.0% in the second quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust’s stock valued at $3,175,000 after purchasing an additional 34,544 shares during the last quarter. Finally, Squarepoint Ops LLC increased its position in shares of BXP by 99.3% in the second quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust’s stock valued at $7,597,000 after buying an additional 56,104 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

About BXP

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.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.