Tritax Big Box REIT plc (LON:BBOX) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Tritax Big Box REIT plc (LON:BBOX) have been given an average rating of “Moderate Buy” by the eight brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 198.88.

Several research firms have recently weighed in on BBOX. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 208 target price on shares of Tritax Big Box REIT in a report on Wednesday. Peel Hunt reissued an “add” rating and set a GBX 180 price target on shares of Tritax Big Box REIT in a report on Monday, July 27th. Berenberg Bank lowered their price target on shares of Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating on the stock in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised their price target on shares of Tritax Big Box REIT from GBX 190 to GBX 195 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company an “overweight” rating in a report on Wednesday, August 12th.

Tritax Big Box REIT Stock Up 0.3%

Shares of BBOX stock opened at GBX 147.64 on Friday. The stock has a 50 day moving average of GBX 161.88 and a 200 day moving average of GBX 156.17. The company has a current ratio of 0.74, a quick ratio of 0.42 and a debt-to-equity ratio of 52.13. The stock has a market cap of £4.32 billion, a P/E ratio of 14.10, a P/E/G ratio of 2.05 and a beta of 1.75. Tritax Big Box REIT has a twelve month low of GBX 135.20 and a twelve month high of GBX 175.

Tritax Big Box REIT (LON:BBOX) last announced its quarterly earnings results on Wednesday, August 5th. The company reported GBX 4.41 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a return on equity of 5.39% and a net margin of 76.38%. As a group, sell-side analysts expect that Tritax Big Box REIT will post 8.9700057 EPS for the current year.

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.