Tritax Big Box REIT plc (OTCMKTS:TTBXF) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Tritax Big Box REIT plc (OTCMKTS:TTBXF) has been given an average rating of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Several analysts recently commented on TTBXF shares. BNP Paribas Exane started coverage on shares of Tritax Big Box REIT in a research note on Wednesday, July 1st. They set an “outperform” rating for the company. Jefferies Financial Group reissued a “buy” rating on shares of Tritax Big Box REIT in a research report on Wednesday, October 14th. Zacks Research cut shares of Tritax Big Box REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Tritax Big Box REIT in a research note on Wednesday, August 26th. Finally, Barclays reiterated an “overweight” rating on shares of Tritax Big Box REIT in a report on Monday, August 24th.

Tritax Big Box REIT Stock Performance

TTBXF opened at $1.95 on Wednesday. Tritax Big Box REIT has a 1-year low of $1.61 and a 1-year high of $2.43. The business has a 50 day moving average price of $2.02 and a two-hundred day moving average price of $2.05.

Tritax Big Box REIT Company Profile

Tritax Big Box REIT plc is a United Kingdom-focused real estate investment trust that owns, manages and develops large-scale logistics and distribution properties. Its portfolio is centered on “big box” warehouses used for national and regional distribution, fulfillment, manufacturing, and other supply-chain activities.

The company leases its properties to a range of occupiers, including retailers, manufacturers, logistics providers and other businesses that require substantial warehouse space.