Tritax Big Box REIT’s (BBOX) Buy Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Tritax Big Box REIT (LON:BBOX) in a research note published on Monday, Marketbeat.com reports. Jefferies Financial Group currently has a GBX 200 price objective on the stock.

A number of other equities research analysts have also commented on BBOX. Shore Capital Group reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research report on Thursday, May 7th. The Goldman Sachs Group decreased their price objective on Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating for the company in a research report on Monday, March 30th. Finally, Stifel Nicolaus reissued a “hold” rating and set a GBX 150 target price on shares of Tritax Big Box REIT in a research note on Thursday, May 7th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 204.29.

Tritax Big Box REIT Stock Performance

BBOX stock opened at GBX 172.60 on Monday. The business’s 50-day moving average price is GBX 156.70 and its two-hundred day moving average price is GBX 157.12. The company has a current ratio of 2.38, a quick ratio of 0.42 and a debt-to-equity ratio of 52.74. The firm has a market cap of £4.69 billion, a PE ratio of 11.99, a P/E/G ratio of 2.05 and a beta of 1.76. Tritax Big Box REIT has a 1-year low of GBX 132.20 and a 1-year high of GBX 174.

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.