LADENBURG THALM/SH SH Begins Coverage on BXP (NYSE:BXP)

Key Points

• LADENBURG THALM/SH SH has initiated coverage on BXP (NYSE:BXP) with a "buy" rating and a price target of $85.00, indicating a potential upside of 22.34%.
• Other analysts have varying ratings for BXP, with seven analysts rating it as a buy and the average price target set at $78.61.
• BXP's latest earnings report showed an EPS of $1.71, exceeding estimates, with projected earnings for FY 2025 between 6.840-6.92 EPS.

Research analysts at LADENBURG THALM/SH SH began coverage on shares of BXP (NYSE:BXP - Get Free Report) in a research report issued to clients and investors on Monday,Briefing.com Automated Import reports. The firm set a "buy" rating and a $85.00 price target on the real estate investment trust's stock. LADENBURG THALM/SH SH's target price suggests a potential upside of 22.34% from the company's previous close.

A number of other analysts have also commented on the company. UBS Group boosted their price objective on BXP from $68.00 to $74.00 and gave the stock a "neutral" rating in a report on Tuesday, September 9th. Cantor Fitzgerald began coverage on BXP in a research report on Wednesday, October 1st. They set an "overweight" rating and a $90.00 price target for the company. Wall Street Zen lowered BXP from a "hold" rating to a "sell" rating in a research report on Saturday, September 13th. Compass Point downgraded shares of BXP from a "buy" rating to a "neutral" rating and set a $75.00 price target on the stock. in a report on Wednesday, September 10th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of BXP in a research report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $78.61.

BXP Price Performance

Shares of NYSE BXP opened at $69.48 on Monday. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 2.06. The firm's 50-day moving average price is $71.77 and its 200-day moving average price is $68.76. The firm has a market capitalization of $11.00 billion, a P/E ratio of 2,316.77, a P/E/G ratio of 7.28 and a beta of 1.22. BXP has a 1-year low of $54.22 and a 1-year high of $90.11.

BXP (NYSE:BXP - Get Free Report) last issued its earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.67 by $0.04. The company had revenue of $868.46 million for the quarter, compared to analysts' expectations of $845.09 million. BXP had a return on equity of 3.89% and a net margin of 0.11%.BXP's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business earned $1.77 EPS. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. Equities research analysts anticipate that BXP will post 6.91 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its holdings in shares of BXP by 14.6% in the 1st quarter. Sound Income Strategies LLC now owns 4,356 shares of the real estate investment trust's stock worth $293,000 after purchasing an additional 556 shares in the last quarter. Spirit of America Management Corp NY boosted its stake in BXP by 7.8% in the first quarter. Spirit of America Management Corp NY now owns 6,915 shares of the real estate investment trust's stock worth $465,000 after buying an additional 500 shares in the last quarter. Altrius Capital Management Inc grew its position in BXP by 3.7% during the first quarter. Altrius Capital Management Inc now owns 66,842 shares of the real estate investment trust's stock valued at $4,491,000 after acquiring an additional 2,375 shares during the last quarter. Pacific Heights Asset Management LLC raised its stake in shares of BXP by 66.7% during the first quarter. Pacific Heights Asset Management LLC now owns 100,000 shares of the real estate investment trust's stock worth $6,719,000 after acquiring an additional 40,000 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in shares of BXP by 4.1% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 11,215 shares of the real estate investment trust's stock worth $754,000 after acquiring an additional 441 shares during the last quarter. Institutional investors own 98.72% of the company's stock.

BXP Company Profile

Boston Properties, Inc NYSE: BXP (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.

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