Shares of Tritax Big Box REIT plc (OTCMKTS:TTBXF – Get Free Report) gapped up prior to trading on Thursday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $1.98, but opened at $2.43. Tritax Big Box REIT shares last traded at $2.43, with a volume of 1,050 shares traded.
Separately, BNP Paribas Exane began coverage on Tritax Big Box REIT in a research note on Wednesday. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, Tritax Big Box REIT has a consensus rating of “Strong Buy”.
Check Out Our Latest Stock Analysis on Tritax Big Box REIT
Tritax Big Box REIT Price Performance
About Tritax Big Box REIT
Tritax Big Box REIT (OTCMKTS: TTBXF) is a real estate investment trust specializing in large-scale logistics and distribution properties across the United Kingdom. The company focuses on acquiring, managing and leasing modern “big box” warehouses that serve as critical nodes in e-commerce, retail and third-party logistics networks. Its assets are designed to offer high quality, sustainable space with efficient floor plans, abundant parking and strong transport links.
The REIT’s portfolio is externally managed by Tritax Management LLP, a specialist real estate investment manager with experience in the logistics sector.
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