Jefferies Financial Group Reiterates “Buy” Rating for Tritax Big Box REIT (LON:BBOX)

Tritax Big Box REIT (LON:BBOX)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a report issued on Wednesday,Digital Look reports. They currently have a GBX 200 target price on the stock. Jefferies Financial Group’s price target suggests a potential upside of 29.45% from the company’s previous close.

Several other analysts also recently weighed in on BBOX. Shore Capital Group reissued a “buy” rating on shares of Tritax Big Box REIT in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Tritax Big Box REIT from GBX 180 to GBX 190 and gave the stock a “buy” rating in a research report on Friday, March 20th. Stifel Nicolaus reissued a “hold” rating and set a GBX 150 target price on shares of Tritax Big Box REIT in a research report on Thursday, May 7th. Finally, The Goldman Sachs Group dropped their target price on shares of Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating on the stock in a research report on Monday, March 30th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 201.43.

Tritax Big Box REIT Stock Up 0.7%

Shares of Tritax Big Box REIT stock opened at GBX 154.50 on Wednesday. The firm’s 50 day moving average price is GBX 150.54 and its 200-day moving average price is GBX 154.46. The company has a quick ratio of 0.42, a current ratio of 2.38 and a debt-to-equity ratio of 52.74. Tritax Big Box REIT has a 52-week low of GBX 132.20 and a 52-week high of GBX 174. The company has a market cap of £4.19 billion, a P/E ratio of 10.74, a PEG ratio of 2.05 and a beta of 1.76.

Tritax Big Box REIT Company Profile

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. Tritax Big Box targets attractive and sustainable returns for shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically let to institutional-grade clients on long-term leases with upward-only rent reviews and geographic and client diversification throughout the UK.