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

Jefferies Financial Group reaffirmed their buy rating on shares of Tritax Big Box REIT (LON:BBOX – Free Report) in a research note released on Wednesday,Digital Look reports. Jefferies Financial Group currently has a GBX 208 price target on the stock.

BBOX has been the subject of several other research reports. Berenberg Bank reduced their price target on shares of Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating for the company in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Tritax Big Box REIT from GBX 190 to GBX 195 and gave the stock a “buy” rating in a report on Wednesday, August 26th. Peel Hunt reaffirmed 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. Finally, JPMorgan Chase & Co. boosted their price objective on shares of 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. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tritax Big Box REIT presently has an average rating of “Moderate Buy” and a consensus price target of GBX 198.88.

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Tritax Big Box REIT Trading Down 0.4%

LON:BBOX opened at GBX 146.59 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 business’s 50-day simple moving average is GBX 161.57 and its 200-day simple moving average is GBX 156.10. Tritax Big Box REIT has a fifty-two week low of GBX 135.20 and a fifty-two week high of GBX 175. The stock has a market capitalization of £4.29 billion, a PE ratio of 14.00, a price-to-earnings-growth ratio of 2.05 and a beta of 1.75.

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

Tritax Big Box REIT Company Profile

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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.

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