Tritax Big Box REIT (LON:BBOX) Earns “Buy” Rating from Jefferies Financial Group

Tritax Big Box REIT (LON:BBOX)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a research report issued on Friday,Digital Look reports. They presently have a GBX 212 price objective on the stock. Jefferies Financial Group’s price target suggests a potential upside of 37.04% from the stock’s current price.

A number of other equities analysts have also recently weighed in on BBOX. Berenberg Bank reissued a “buy” rating and set a GBX 230 price objective on shares of Tritax Big Box REIT in a report on Monday, January 26th. The Goldman Sachs Group decreased their price objective on Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating on the stock in a report on Monday, March 30th. Deutsche Bank Aktiengesellschaft raised their price objective on Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company a “buy” rating in a report on Friday, March 20th. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research note on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 212.

Tritax Big Box REIT Stock Performance

Shares of LON BBOX opened at GBX 154.70 on Friday. The stock has a market cap of £4.18 billion, a price-to-earnings ratio of 10.76, a P/E/G ratio of 2.05 and a beta of 1.75. The company has a current ratio of 2.38, a quick ratio of 0.42 and a debt-to-equity ratio of 52.74. Tritax Big Box REIT has a 1-year low of GBX 132.20 and a 1-year high of GBX 174. The stock’s 50-day moving average is GBX 156.09 and its 200 day moving average is GBX 154.27.

Tritax Big Box REIT (LON:BBOX) last announced its quarterly earnings data on Friday, February 27th. The company reported GBX 8.38 earnings per share for the quarter. Tritax Big Box REIT had a return on equity of 5.78% and a net margin of 111.98%. On average, sell-side analysts anticipate that Tritax Big Box REIT will post 8.9700057 EPS for the current fiscal year.

Insider Buying and Selling at Tritax Big Box REIT

In other news, insider Alastair Hughes sold 76,783 shares of Tritax Big Box REIT stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of GBX 153, for a total value of £117,477.99. Corporate insiders own 0.07% of the company’s stock.

Tritax Big Box REIT Company Profile

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.