Tritax Big Box REIT’s (BBOX) Buy Rating Reiterated at Jefferies Financial Group

Tritax Big Box REIT (LON:BBOX)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They currently have a GBX 201 price objective on the stock. Jefferies Financial Group’s price target suggests a potential upside of 39.20% from the company’s current price.

Several other analysts also recently issued reports on the company. Berenberg Bank decreased their price target on Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating for the company in a research note on Tuesday, September 8th. JPMorgan Chase & Co. raised their price objective on Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft raised their price objective on Tritax Big Box REIT from GBX 190 to GBX 195 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Finally, Peel Hunt restated an “add” rating and issued a GBX 180 target price on shares of Tritax Big Box REIT in a report on Monday, July 27th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 198.

Tritax Big Box REIT Stock Up 0.1%

LON:BBOX traded up GBX 0.10 during trading hours on Thursday, reaching GBX 144.40. The company’s stock had a trading volume of 78,395,133 shares, compared to its average volume of 32,229,941. The company has a market cap of £4.23 billion, a price-to-earnings ratio of 13.79, a price-to-earnings-growth ratio of 2.05 and a beta of 1.74. Tritax Big Box REIT has a one year low of GBX 138.50 and a one year high of GBX 175. The business’s 50-day moving average is GBX 150.94 and its 200-day moving average is GBX 153.88. The company has a debt-to-equity ratio of 52.13, a current ratio of 0.74 and a quick ratio of 0.42.

Tritax Big Box REIT (LON:BBOX) last posted its earnings results on Wednesday, August 5th. The company reported GBX 4.41 earnings per share for the quarter. Tritax Big Box REIT had a return on equity of 5.39% and a net margin of 76.38%. Equities research analysts predict that Tritax Big Box REIT will post 8.97 EPS for the current year.

About Tritax Big Box REIT

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.