Tritax Big Box REIT (LON:BBOX) Receives “Add” Rating from Peel Hunt

Peel Hunt restated their add rating on shares of Tritax Big Box REIT (LON:BBOX) in a report published on Monday morning,Digital Look reports. Peel Hunt currently has a GBX 180 target price on the stock.

Several other research firms also recently commented on BBOX. Jefferies Financial Group restated a “buy” rating and set a GBX 200 target price on shares of Tritax Big Box REIT in a research report on Monday. The Goldman Sachs Group lowered their price target on Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating on the stock in a research report on Monday, March 30th. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 150 price target on shares of Tritax Big Box REIT in a research report on Thursday, May 7th. Finally, Shore Capital Group reiterated a “buy” rating on shares of Tritax Big Box REIT in a research note on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 204.29.

Tritax Big Box REIT Stock Up 1.6%

LON BBOX opened at GBX 172.60 on Monday. Tritax Big Box REIT has a 1-year low of GBX 132.20 and a 1-year high of GBX 174. The company has a market capitalization of £4.69 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 2.05 and a beta of 1.76. The stock’s 50 day moving average is GBX 156.70 and its two-hundred day moving average 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.

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.