Jefferies Financial Group Reiterates “Buy” Rating for Tritax Big Box REIT (LON:BBOX)

Tritax Big Box REIT (LON:BBOX)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research report issued on Wednesday,Digital Look reports. They currently have a GBX 200 price objective on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 29.45% from the stock’s current price.

Other analysts have also issued research reports about the stock. Shore Capital Group reiterated a “buy” rating on shares of Tritax Big Box REIT in a research note on Thursday, May 7th. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 150 target price on shares of Tritax Big Box REIT in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company a “buy” rating in a research note on Friday, March 20th. Finally, The Goldman Sachs Group decreased their target price on shares of Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating for the company in a research note on Monday, March 30th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Tritax Big Box REIT currently has an average rating of “Moderate Buy” and a consensus price target of GBX 201.43.

Tritax Big Box REIT Stock Up 0.7%

LON:BBOX opened at GBX 154.50 on Wednesday. The firm has a market capitalization of £4.19 billion, a P/E ratio of 10.74, a PEG ratio of 2.05 and a beta of 1.76. Tritax Big Box REIT has a 1-year low of GBX 132.20 and a 1-year high of GBX 174. The company’s fifty day moving average price is GBX 150.54 and its 200-day moving average price is GBX 154.46. The company has a debt-to-equity ratio of 52.74, a current ratio of 2.38 and a quick ratio of 0.42.

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.