Piper Sandler Downgrades Alexander & Baldwin to Neutral with $21 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2025
0mins
Piper Sandler downgraded Alexander & Baldwin to Neutral from Overweight with an unchanged price target of $21 after the company accepted an all-cash offer of $21.20 per share from a partnership of MW Group. Piper does not expect a competing bid to emerge.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on ALEX
Wall Street analysts forecast ALEX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALEX is 20.95 USD with a low forecast of 20.85 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 20.700
Low
20.85
Averages
20.95
High
21.00
Current: 20.700
Low
20.85
Averages
20.95
High
21.00
About ALEX
Alexander & Baldwin, Inc. is a real estate investment trust (REIT). The Company is focused on owning, operating, and developing commercial real estate. The Company operates through two segments: Commercial Real Estate and Land Operations. The Commercial Real Estate segment functions as a vertically integrated real estate investment company with competencies in investments and acquisitions, including identifying opportunities and acquiring properties; construction and development, including designing and ground-up development of new properties, and in-house leasing and property management. The Land Operations segment includes the Company's landholdings, joint venture investments, and liabilities that are subject to the Company's simplification and monetization effort. It owns, operates, and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 21 retail centers, 14 industrial assets and four office properties, as well as 146 acres of ground leases.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Investigation into Alexander & Baldwin Sale to MW Group
- Investigation Launched: Former Louisiana Attorney General Charles C. Foti and Kahn Swick & Foti are investigating the proposed sale of Alexander & Baldwin to MW Group and Blackstone-affiliated funds to assess the fairness of the transaction.
- Shareholder Return Analysis: Under the deal terms, Alexander shareholders are set to receive $21.20 per share, with KSF reviewing whether this price undervalues the company, potentially impacting shareholder interests.
- Legal Rights Consultation: KSF offers no-obligation legal consultations, encouraging shareholders to discuss the fairness of the transaction, demonstrating the firm's commitment to protecting shareholder rights and providing legal support.
- Public Engagement Channels: KSF provides various contact methods, including email and phone, to facilitate shareholder inquiries and enhance transparency while promoting shareholder engagement in the process.
Continue Reading
Investigation of Investor Rights Announced
- Merger Investigation: Halper Sadeh LLC is investigating Waters Corporation's merger with BD's Biosciences & Diagnostic Solutions business, where existing Waters shareholders are expected to own approximately 60.8% of the combined entity, potentially impacting shareholder rights.
- Sale Rights Notification: Two Harbors Investment Corp. is selling to UWM Holdings Corporation for 2.3328 shares of UWM Class A Common Stock per share of Two Harbors common stock, prompting Halper Sadeh LLC to encourage shareholders to understand their legal rights and options to ensure transaction fairness.
- Shareholder Rights Protection: United Security Bancshares is selling to Community West Bancshares for 0.4520 shares of Community West common stock per share of United Security common stock, with Halper Sadeh LLC potentially seeking increased compensation and additional disclosures to protect shareholder interests.
- Cash Acquisition Deal: Alexander & Baldwin, Inc. is being sold for $21.20 per share in cash to MW Group and funds affiliated with Blackstone Real Estate and DivcoWest, with Halper Sadeh LLC reminding shareholders to contact them promptly to learn about their rights and options.
Continue Reading