Tritax Big Box REIT’s (BBOX) Hold Rating Reiterated at Numis Securities
Tritax Big Box REIT (LON:BBOX)‘s stock had its “hold” rating reissued by investment analysts at Numis Securities in a report released on Friday. They currently have a GBX 149 ($1.95) price target on the stock. Numis Securities’ price target indicates a potential upside of 9.24% from the company’s previous close.
Separately, Liberum Capital reiterated a “hold” rating on shares of Tritax Big Box REIT in a report on Friday, October 19th.
Shares of BBOX traded down GBX 2.10 ($0.03) during trading hours on Friday, hitting GBX 136.40 ($1.78). The company had a trading volume of 6,948,902 shares, compared to its average volume of 3,120,000. Tritax Big Box REIT has a 52-week low of GBX 104.70 ($1.37) and a 52-week high of GBX 151.40 ($1.98).
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq.
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