Shares of Tritax Big Box REIT plc (LON:BBOX – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 183.43.
A number of equities analysts recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 201 price objective on shares of Tritax Big Box REIT in a research note on Thursday, October 15th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Tritax Big Box REIT from GBX 190 to GBX 195 and gave the company a “buy” rating in a report on Wednesday, August 26th. JPMorgan Chase & Co. lifted their target price on shares of Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Peel Hunt restated an “add” rating and issued a GBX 180 target price on shares of Tritax Big Box REIT in a research note on Monday, July 27th. Finally, Berenberg Bank dropped their target price on Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating on the stock in a report on Tuesday, September 8th.
View Our Latest Research Report on BBOX
Tritax Big Box REIT Price Performance
LON BBOX opened at GBX 146.30 on Friday. Tritax Big Box REIT has a 52 week low of GBX 138.50 and a 52 week high of GBX 175. The company has a market cap of £4.28 billion, a PE ratio of 13.97, a price-to-earnings-growth ratio of 2.05 and a beta of 1.74. The company has a quick ratio of 0.42, a current ratio of 0.74 and a debt-to-equity ratio of 52.13. The firm’s 50-day simple moving average is GBX 146.32 and its two-hundred day simple moving average is GBX 155.02.
Tritax Big Box REIT (LON:BBOX – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported GBX 4.41 earnings per share for the quarter. Tritax Big Box REIT had a return on equity of 5.39% and a net margin of 76.38%. Research analysts predict that Tritax Big Box REIT will post 8.97 earnings per share for the current year.
Tritax Big Box REIT Company Profile
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.
Further Reading
- Five stocks we like better than Tritax Big Box REIT
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
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.
