Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Tritax Big Box REIT (LON:BBOX) Stock

Tritax Big Box REIT (LON:BBOX) had its price objective raised by research analysts at Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 195 in a research report issued to clients and investors on Wednesday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 21.34% from the company’s previous close.

BBOX has been the topic of several other reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 200 target price on shares of Tritax Big Box REIT in a research report on Monday, July 27th. Peel Hunt reaffirmed an “add” rating and set a GBX 180 price target on shares of Tritax Big Box REIT in a research report on Monday, July 27th. Shore Capital Group reiterated a “buy” rating on shares of Tritax Big Box REIT in a research note on Thursday, May 7th. Berenberg Bank reissued a “buy” rating and issued a GBX 196 price objective on shares of Tritax Big Box REIT in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. boosted 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 report on Wednesday, August 12th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 198.88.

Tritax Big Box REIT Price Performance

LON BBOX opened at GBX 160.70 on Wednesday. The business’s fifty day moving average price is GBX 162.77 and its 200-day moving average price is GBX 157.35. The stock has a market capitalization of £4.36 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 2.05 and a beta of 1.77. The company has a debt-to-equity ratio of 52.13, a current ratio of 0.74 and a quick ratio of 0.42. Tritax Big Box REIT has a 1-year low of GBX 132.20 and a 1-year high of GBX 175.

Tritax Big Box REIT (LON:BBOX) last issued its quarterly earnings data on Wednesday, August 5th. The company reported GBX 4.41 EPS for the quarter. Tritax Big Box REIT had a return on equity of 5.39% and a net margin of 76.38%. On average, equities analysts predict that Tritax Big Box REIT will post 8.9700057 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.