Tritax Big Box REIT (LON:BBOX) Price Target Raised to GBX 195

Tritax Big Box REIT (LON:BBOX – Free Report) had its target price raised by Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 195 in a report issued on Wednesday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Stifel Nicolaus reissued a “hold” rating and set a GBX 150 target price on shares of Tritax Big Box REIT in a research report on Thursday, May 7th. Peel Hunt reiterated an “add” rating and issued a GBX 180 price objective on shares of Tritax Big Box REIT in a research report on Monday, July 27th. JPMorgan Chase & Co. boosted their price objective on Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Berenberg Bank restated a “buy” rating and set a GBX 196 price objective on shares of Tritax Big Box REIT in a research report on Thursday, August 6th. Finally, Shore Capital Group restated 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 given a Hold rating to the company. According to MarketBeat.com, Tritax Big Box REIT currently has a consensus rating of “Moderate Buy” and an average price target of GBX 198.88.

Get Tritax Big Box REIT alerts:

Read Our Latest Analysis on Tritax Big Box REIT

Tritax Big Box REIT Stock Performance

LON BBOX opened at GBX 157.40 on Wednesday. The company has a debt-to-equity ratio of 52.13, a current ratio of 0.74 and a quick ratio of 0.42. The firm has a market capitalization of £4.27 billion, a price-to-earnings ratio of 10.94, a P/E/G ratio of 2.05 and a beta of 1.77. The company’s fifty day moving average is GBX 163.15 and its two-hundred day moving average is GBX 157.29. Tritax Big Box REIT has a 52-week low of GBX 132.20 and a 52-week high of GBX 175.

Tritax Big Box REIT (LON:BBOX – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported GBX 4.41 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a net margin of 76.38% and a return on equity of 5.39%. Equities research analysts forecast that Tritax Big Box REIT will post 8.9700057 EPS for the current year.

Tritax Big Box REIT Company Profile

(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.

Read More

• Five stocks we like better than Tritax Big Box REIT
• 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
• IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
• Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
• Okta Stock Surges 29%—Is $200 the Next Stop?

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.