Tritax Big Box REIT (LON:BBOX) Stock Keeps “Buy” Rating at Jefferies Financial Group

Tritax Big Box REIT (LON:BBOX)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 201 price target on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 39.10% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Peel Hunt reissued an “add” rating and set a GBX 180 price target on shares of Tritax Big Box REIT in a research report on Monday, July 27th. 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. Deutsche Bank Aktiengesellschaft upped their target price on shares of Tritax Big Box REIT from GBX 190 to GBX 195 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Finally, Berenberg Bank cut their price objective on Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating on the stock in a research report on Tuesday, September 8th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Tritax Big Box REIT has a consensus rating of “Moderate Buy” and a consensus price target of GBX 198.

Tritax Big Box REIT Trading Up 0.1%

LON:BBOX traded up GBX 0.20 during trading hours on Thursday, reaching GBX 144.50. 6,043,496 shares of the stock were exchanged, compared to its average volume of 31,869,982. Tritax Big Box REIT has a twelve month low of GBX 138.50 and a twelve month high of GBX 175. The business has a 50-day moving average of GBX 150.94 and a two-hundred day moving average of GBX 153.88. The company has a market capitalization of £4.23 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 2.05 and a beta of 1.74. The company has a quick ratio of 0.42, a current ratio of 0.74 and a debt-to-equity ratio of 52.13.

Tritax Big Box REIT (LON:BBOX) last posted its 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%. On average, equities analysts predict that Tritax Big Box REIT will post 8.97 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.