Tritax Big Box REIT’s (BBOX) “Add” Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their add rating on shares of Tritax Big Box REIT (LON:BBOX) in a report published on Monday,Digital Look reports. The firm currently has a GBX 180 price target on the stock.

Several other equities analysts have also issued reports on the company. Stifel Nicolaus reissued a “hold” rating and set a GBX 150 target price on shares of Tritax Big Box REIT in a research note on Thursday, May 7th. The Goldman Sachs Group dropped their target price on Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating for the company in a research report on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 200 price target on shares of Tritax Big Box REIT in a research note on Monday. Finally, Shore Capital Group reissued a “buy” rating on shares of Tritax Big Box REIT in a research report on Thursday, May 7th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 204.29.

Tritax Big Box REIT Trading Down 1.4%

BBOX opened at GBX 170.80 on Monday. Tritax Big Box REIT has a 52 week low of GBX 132.20 and a 52 week high of GBX 175. The company has a quick ratio of 0.42, a current ratio of 2.38 and a debt-to-equity ratio of 52.74. The business has a fifty day simple moving average of GBX 157.61 and a 200-day simple moving average of GBX 157.31. The firm has a market cap of £4.64 billion, a P/E ratio of 11.87, a P/E/G ratio of 2.05 and a beta of 1.76.

About Tritax Big Box REIT

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.