Tritax Big Box REIT plc (LON:BBOX) Receives Consensus Rating of “Moderate Buy” from Brokerages

Tritax Big Box REIT plc (LON:BBOX) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 204.29.

BBOX has been the topic of a number of research analyst reports. Peel Hunt reissued an “add” rating and set a GBX 180 price objective on shares of Tritax Big Box REIT in a research report on Monday. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 200 target price on shares of Tritax Big Box REIT in a research report on Monday. Shore Capital Group reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research note on Thursday, May 7th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a GBX 150 price target on shares of Tritax Big Box REIT in a research report on Thursday, May 7th.

Tritax Big Box REIT Price Performance

Shares of Tritax Big Box REIT stock opened at GBX 170.90 on Thursday. 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 company has a market cap of £4.64 billion, a PE ratio of 11.88, a P/E/G ratio of 2.05 and a beta of 1.76. The business has a 50 day moving average of GBX 157.61 and a 200 day moving average of GBX 157.31. Tritax Big Box REIT has a 52 week low of GBX 132.20 and a 52 week high of GBX 175.

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.