Scotiabank Issues Pessimistic Forecast for BXP (NYSE:BXP) Stock Price

BXP (NYSE:BXP) had its price target reduced by equities researchers at Scotiabank from $74.00 to $65.00 in a report issued on Monday,Benzinga reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price would suggest a potential upside of 17.46% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. The Goldman Sachs Group set a $72.00 price target on shares of BXP in a report on Wednesday, February 4th. Mizuho cut shares of BXP from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $79.00 to $62.00 in a research report on Tuesday, February 24th. Royal Bank Of Canada upgraded BXP to an “outperform” rating in a research note on Thursday, December 4th. Evercore reduced their target price on BXP from $76.00 to $73.00 and set an “in-line” rating for the company in a report on Thursday, January 29th. Finally, Barclays dropped their price target on BXP from $81.00 to $66.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Ten investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, BXP presently has an average rating of “Hold” and a consensus target price of $75.00.

BXP Trading Down 1.6%

Shares of BXP stock opened at $55.34 on Monday. The company has a market capitalization of $8.78 billion, a P/E ratio of 31.80, a price-to-earnings-growth ratio of 2.39 and a beta of 1.01. The stock has a fifty day simple moving average of $64.43 and a 200 day simple moving average of $69.37. BXP has a 12-month low of $53.36 and a 12-month high of $79.33. The company has a current ratio of 5.36, a quick ratio of 4.50 and a debt-to-equity ratio of 2.21.

Insiders Place Their Bets

In other BXP news, CEO Owen D. Thomas sold 1,198 shares of BXP stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $61.22, for a total value of $73,341.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, 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 directly 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 SEC filing for this sale provides additional information. Insiders sold a total of 7,887 shares of company stock worth $476,930 in the last three months. Insiders own 1.35% of the company’s stock.

Institutional Trading of BXP

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of BXP during the fourth quarter valued at approximately $689,419,000. Cohen & Steers Inc. boosted its holdings in shares of BXP by 41.4% during the 4th quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock valued at $1,038,176,000 after buying an additional 4,503,738 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of BXP by 32,286.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,889,115 shares of the real estate investment trust’s stock worth $127,477,000 after buying an additional 1,883,282 shares during the period. Invesco Ltd. increased its stake in shares of BXP by 44.9% in the 3rd quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust’s stock worth $289,701,000 after acquiring an additional 1,207,607 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in BXP by 52.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 3,065,995 shares of the real estate investment trust’s stock worth $206,893,000 after acquiring an additional 1,053,938 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.

More BXP News

Here are the key news stories impacting BXP this week:

• Positive Sentiment: Snowflake signed for ~83,000 sq. ft. at BXP’s prime Manhattan trophy, 7 Times Square — a high‑quality tech lease that strengthens leasing momentum and near‑term cash‑flow visibility for a core asset. Data Platform Snowflake Takes 83K SF at BXP’s 7 Times Square
• Positive Sentiment: Company messaging: BXP says it’s making measurable progress toward the multi‑year plan unveiled at 2025 Investor Day — management points to operational execution that should support longer‑term targets. BXP Reports Strong Performance Toward Multi-Year Business Plan
• Positive Sentiment: Portfolio optimization: BXP reported actions to reposition its “premier workplace” assets — moves intended to improve occupancy and leasing economics in core markets. BXP announces progress in optimization of premier workplace positioning, portfolio
• Neutral Sentiment: New revenue experiment: BXP completed a first‑of‑its‑kind sale of digital property rights — an innovative monetization step, but the long‑term financial impact is still unclear. In A First, BXP Sells Digital Property Rights
• Neutral Sentiment: Asset disposition: BXP sold a downtown Boston residential building for ~$55M — a non‑core sale that modestly recycles capital but is not material to portfolio scale. BXP Sells Downtown Boston Residential Building For $55M
• Neutral Sentiment: Management detail: Transcript of BXP’s Citi Miami Property CEO conference presentation posted — useful for modeling and color but provided no new guidance. BXP Presents at Citi’s Miami Global Property CEO Conference 2026 Transcript
• Negative Sentiment: Insider selling: EVP Hilary J. Spann sold 5,495 shares (about a 23.6% cut to her stake) — investors may view this as a negative signal on near‑term insider conviction. SEC Form 4 disclosure
• Negative Sentiment: Analyst caution: Scotiabank cut its price target to $65 and moved to “sector perform,” reducing near‑term upside in analyst expectations. Scotiabank lowers BXP price target
• Negative Sentiment: Valuation and results scrutiny: Coverage highlighting an earnings miss and cautious downgrades underscores that multiples and consensus assumptions remain under pressure until occupancy and rent trends prove more durable. Assessing Boston Properties (BXP) Valuation After Earnings Miss And Cautious Analyst Downgrades

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.