Barclays lifts BXP, Eastgroup Properties to 'overweight'

EastGroup Properties

13/01/2026 15:40

** Barclays upgrades real estate investment trust BXP's BXP.N and Eastgroup Properties' EGP.N ratings to "overweight" from "equal-weight"

** Brokerage says BXP's occupancy gains, portfolio optimization, and new projects could spark FFO per share growth in 2026, with momentum accelerating in 2027

     ** Barclays says its outlook on EGP has turned more favorable, driven by strong capital deployment and sustained performance

** 11 brokerages rate BXP 'buy' or higher and 11 'hold,' with a median price target of $79; 14 of 20 rate EGP 'buy' or higher and 6 'hold,' with a median target of $200 - data compiled by LSEG

** BXP stock down 9.3% and EGP up 11% in 2025

Company
New PT
Old PT
BXP
$82
$78
Eastgroup Properties
$210
$182

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))