Tritax Big Box REIT (LON:BBOX) Reaches New 12-Month High – What’s Next?

Tritax Big Box REIT plc (LON:BBOXGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 174 and last traded at GBX 172.20, with a volume of 1205131 shares trading hands. The stock had previously closed at GBX 171.80.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Shore Capital Group reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a report on Thursday, January 22nd. Berenberg Bank restated a “buy” rating and issued a GBX 230 price objective on shares of Tritax Big Box REIT in a research note on Monday, January 26th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Tritax Big Box REIT presently has an average rating of “Buy” and an average target price of GBX 218.50.

Get Our Latest Report on Tritax Big Box REIT

Tritax Big Box REIT Stock Performance

The firm has a market cap of £4.65 billion, a price-to-earnings ratio of 9.98, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. The company has a current ratio of 0.54, a quick ratio of 0.42 and a debt-to-equity ratio of 43.99. The stock’s 50 day moving average is GBX 162.03 and its 200 day moving average is GBX 151.02.

Tritax Big Box REIT (LON:BBOXGet Free Report) last issued its quarterly earnings data on Friday, February 27th. The company reported GBX 8.38 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a return on equity of 4.04% and a net margin of 60.46%. Analysts anticipate that Tritax Big Box REIT plc will post 8.9700057 earnings per share 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. BBOX is committed to delivering 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 tenants on long-term leases with upward-only rent reviews and geographic and tenant diversification throughout the UK.

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