Tritax Big Box REIT (LON:BBOX) Receives Buy Rating from Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Tritax Big Box REIT (LON:BBOX) in a research note issued to investors on Thursday morning, Marketbeat reports. The firm currently has a GBX 173 price target on the stock.

A number of other analysts have also weighed in on BBOX. Shore Capital reissued a “buy” rating on shares of Tritax Big Box REIT in a report on Friday, August 22nd. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Tritax Big Box REIT in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Tritax Big Box REIT has a consensus rating of “Buy” and an average price target of GBX 173.

Tritax Big Box REIT Stock Performance

Tritax Big Box REIT stock opened at GBX 135.17 on Thursday. The stock has a 50-day simple moving average of GBX 140.62 and a 200 day simple moving average of GBX 141.63. The stock has a market capitalization of £3.35 billion, a price-to-earnings ratio of 783.59, a P/E/G ratio of 2.05 and a beta of 0.89. The company has a quick ratio of 0.42, a current ratio of 0.54 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.

Tritax Big Box REIT (LON:BBOX) last issued its quarterly earnings data on Wednesday, August 6th. The company reported GBX 4.63 EPS for the quarter. Tritax Big Box REIT had a net margin of 60.46% and a return on equity of 4.04%. On average, research analysts anticipate that Tritax Big Box REIT will post 8.9700057 earnings per share for the current fiscal 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.