Tritax Big Box REIT’s (BBOX) Buy Rating Reiterated at Jefferies Financial Group

Tritax Big Box REIT (LON:BBOX)‘s stock had its “buy” rating reissued by research analysts at Jefferies Financial Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 208 target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 37.20% from the stock’s current price.

Several other brokerages have also commented on BBOX. Berenberg Bank decreased their price objective on Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating for the company in a report on Tuesday. Deutsche Bank Aktiengesellschaft boosted their target price on Tritax Big Box REIT from GBX 190 to GBX 195 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Peel Hunt reaffirmed an “add” rating and set a GBX 180 target price on shares of Tritax Big Box REIT in a research report on Monday, July 27th. Finally, JPMorgan Chase & Co. upped their target price on 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tritax Big Box REIT currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 198.88.

Tritax Big Box REIT Trading Down 0.6%

LON BBOX opened at GBX 151.60 on Wednesday. Tritax Big Box REIT has a 52 week low of GBX 134.30 and a 52 week high of GBX 175. The company has a 50 day moving average price of GBX 162.39 and a 200 day moving average price of GBX 156.49. The company has a quick ratio of 0.42, a current ratio of 0.74 and a debt-to-equity ratio of 52.13. The firm has a market cap of £4.44 billion, a PE ratio of 14.48, a price-to-earnings-growth ratio of 2.05 and a beta of 1.75.

Tritax Big Box REIT (LON:BBOX) last announced its earnings results on Wednesday, August 5th. The company reported GBX 4.41 earnings per share for the quarter. Tritax Big Box REIT had a net margin of 76.38% and a return on equity of 5.39%. As a group, sell-side analysts forecast that Tritax Big Box REIT will post 8.9700057 EPS for the current fiscal 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.