Tritax Big Box REIT (LON:BBOX) Receives Overweight Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their overweight rating on shares of Tritax Big Box REIT (LON:BBOX) in a research report report published on Wednesday, MarketBeat reports.

Separately, Shore Capital reiterated a “buy” rating on shares of Tritax Big Box REIT in a research report on Friday, August 22nd. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 189.

Tritax Big Box REIT Price Performance

Shares of BBOX stock opened at GBX 135.80 on Wednesday. The stock has a 50 day moving average of GBX 140.80 and a two-hundred day moving average of GBX 141.71. The company has a current ratio of 0.54, a quick ratio of 0.42 and a debt-to-equity ratio of 43.99. Tritax Big Box REIT has a 12 month low of GBX 121.90 and a 12 month high of GBX 166.70. The company has a market capitalization of £3.37 billion, a P/E ratio of 787.25, a P/E/G ratio of 2.05 and a beta of 0.89.

Tritax Big Box REIT (LON:BBOX) last announced its quarterly earnings data on Wednesday, August 6th. The company reported GBX 4.63 EPS for the quarter. Tritax Big Box REIT had a return on equity of 4.04% and a net margin of 60.46%. As a group, equities analysts expect that Tritax Big Box REIT will post 8.9700057 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. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.