Analysts Set Tritax Big Box REIT plc (LON:BBOX) PT at GBX 201.43

Shares of Tritax Big Box REIT plc (LON:BBOX) have earned an average rating of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 201.43.

Several research firms have commented on BBOX. The Goldman Sachs Group reduced 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. Stifel Nicolaus reissued a “hold” rating and set a GBX 150 price target on shares of Tritax Big Box REIT in a research report on Thursday, May 7th. Jefferies Financial Group reissued a “buy” rating and set a GBX 200 price target on shares of Tritax Big Box REIT in a research report on Wednesday, June 17th. Finally, Shore Capital Group restated a “buy” rating on shares of Tritax Big Box REIT in a research note on Thursday, May 7th.

Tritax Big Box REIT Stock Performance

Tritax Big Box REIT stock opened at GBX 169.95 on Thursday. The company has a debt-to-equity ratio of 52.74, a quick ratio of 0.42 and a current ratio of 2.38. The company has a market capitalization of £4.61 billion, a PE ratio of 11.81, a P/E/G ratio of 2.05 and a beta of 1.76. The company has a 50 day moving average price of GBX 156.17 and a 200-day moving average price of GBX 156.97. Tritax Big Box REIT has a fifty-two week low of GBX 132.20 and a fifty-two week high of GBX 174.

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. 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.