Tritax Big Box REIT (LON:BBOX) Stock Keeps “Buy” Rating at Jefferies Financial Group

Tritax Big Box REIT (LON:BBOX)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 201 price objective on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 38.62% from the company’s current price.

BBOX has been the subject of several other reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Tritax Big Box REIT from GBX 190 to GBX 195 and gave the stock a “buy” rating in a report on Wednesday, August 26th. Berenberg Bank cut their price target on Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating for the company in a research note on Tuesday, September 8th. Peel Hunt reiterated an “add” rating and issued a GBX 180 price objective on shares of Tritax Big Box REIT in a research report on Monday, July 27th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company an “overweight” rating in a research note 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, Tritax Big Box REIT presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 198.

Tritax Big Box REIT Price Performance

Shares of LON BBOX opened at GBX 145 on Thursday. The firm has a market capitalization of £4.25 billion, a P/E ratio of 13.85, a PEG ratio of 2.05 and a beta of 1.74. Tritax Big Box REIT has a one year low of GBX 138.50 and a one year high of GBX 175. The company’s fifty day moving average is GBX 151.34 and its two-hundred day moving average is GBX 153.86. The company has a debt-to-equity ratio of 52.13, a quick ratio of 0.42 and a current ratio of 0.74.

Tritax Big Box REIT (LON:BBOX) last announced its quarterly earnings results on Wednesday, August 5th. The company reported GBX 4.41 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a net margin of 76.38% and a return on equity of 5.39%. Analysts forecast that Tritax Big Box REIT will post 8.97 EPS for the current fiscal year.

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.