Piper Sandler has revised its price target for Boston Properties (BXP, Financial), lowering it from $100 to $85. Despite this adjustment, the firm continues to rate the stock as Overweight. This update comes in anticipation of the company's first quarter earnings for 2025, as the firm incorporates recent announcements and assumptions into its estimates.
The decision to adjust the price target reflects current movements and activity within the capital markets, which have influenced the firm's outlook on the stock. Piper Sandler's analysis suggests that while the projected value has decreased, they remain confident in the company's overall prospects, maintaining a positive rating on BXP shares.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for BXP Inc (BXP, Financial) is $78.00 with a high estimate of $90.00 and a low estimate of $62.00. The average target implies an upside of 24.12% from the current price of $62.84. More detailed estimate data can be found on the BXP Inc (BXP) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, BXP Inc's (BXP, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BXP Inc (BXP, Financial) in one year is $73.92, suggesting a upside of 17.63% from the current price of $62.84. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BXP Inc (BXP) Summary page.
