Tritax Big Box REIT’s (BBOX) “Add” Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their add rating on shares of Tritax Big Box REIT (LON:BBOX) in a research report report published on Monday, MarketBeat Ratings reports. Peel Hunt currently has a GBX 160 target price on the stock.

BBOX has been the subject of a number of other reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 173 target price on shares of Tritax Big Box REIT in a report on Thursday, September 11th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Tritax Big Box REIT in a research report on Wednesday, September 10th. Finally, Shore Capital restated a “buy” rating on shares of Tritax Big Box REIT in a research report on Friday, August 22nd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 166.50.

Tritax Big Box REIT Trading Up 3.8%

BBOX stock opened at GBX 147.31 on Monday. The firm has a fifty day moving average price of GBX 140.74 and a 200 day moving average price of GBX 141.77. Tritax Big Box REIT has a fifty-two week low of GBX 121.90 and a fifty-two week high of GBX 165.60. The company has a debt-to-equity ratio of 43.99, a quick ratio of 0.42 and a current ratio of 0.54. The firm has a market cap of £3.65 billion, a PE ratio of 853.98, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89.

Tritax Big Box REIT (LON:BBOX) last posted its earnings results on Wednesday, August 6th. The company reported GBX 4.63 earnings per share for the quarter. Tritax Big Box REIT had a net margin of 60.46% and a return on equity of 4.04%. Sell-side 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.