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

Tritax Big Box REIT (LON:BBOXGet Free Report)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a research report issued on Thursday,Digital Look reports. They currently have a GBX 200 target price on the stock. Jefferies Financial Group’s price target points to a potential upside of 35.41% from the company’s current price.

A number of other equities research analysts also recently commented on BBOX. The Goldman Sachs Group dropped their price objective on Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating for the company in a report on Monday, March 30th. Shore Capital Group reiterated a “buy” rating on shares of Tritax Big Box REIT in a report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft upped 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, Stifel Nicolaus reiterated a “hold” rating and issued a GBX 150 price objective on shares of Tritax Big Box REIT in a report on Thursday, May 7th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Tritax Big Box REIT has a consensus rating of “Moderate Buy” and a consensus target price of GBX 201.43.

Get Our Latest Report on Tritax Big Box REIT

Tritax Big Box REIT Trading Up 1.2%

BBOX stock opened at GBX 147.70 on Thursday. The company has a market cap of £3.99 billion, a P/E ratio of 10.26, a PEG ratio of 2.05 and a beta of 1.76. Tritax Big Box REIT has a twelve month low of GBX 132.20 and a twelve month high of GBX 174. The company has a quick ratio of 0.42, a current ratio of 2.38 and a debt-to-equity ratio of 52.74. The business has a fifty day moving average of GBX 149.55 and a 200-day moving average of GBX 154.28.

Insider Buying and Selling at Tritax Big Box REIT

In other news, insider Alastair Hughes sold 76,783 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of GBX 153, for a total transaction of £117,477.99. 0.07% of the stock is owned by corporate insiders.

About Tritax Big Box REIT

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Tritax Big Box REIT (LON:BBOX)

Receive News & Ratings for Tritax Big Box REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tritax Big Box REIT and related companies with MarketBeat.com's FREE daily email newsletter.