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 research analysts at Jefferies Financial Group in a research note issued to investors on Thursday, October 15th, Digital Look reports. They presently have a GBX 201 target price on the stock. Jefferies Financial Group‘s price objective indicates a potential upside of 40.46% from the company’s current price.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. raised their target price on Tritax Big Box REIT from GBX 180 to GBX 190 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft increased their price target on shares of 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 objective on shares of Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating for the company in a research report on Tuesday, September 8th. Finally, Peel Hunt reaffirmed an “add” rating and set a GBX 180 price objective on shares of Tritax Big Box REIT in a research note on Monday, July 27th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 198.

Tritax Big Box REIT Stock Performance

Shares of LON BBOX traded up GBX 0.50 during midday trading on Thursday, hitting GBX 143.10. The company’s stock had a trading volume of 7,033,307 shares, compared to its average volume of 31,370,719. The stock has a fifty day moving average price of GBX 149.30 and a 200 day moving average price of GBX 153.86. Tritax Big Box REIT has a one year low of GBX 138.50 and a one year high of GBX 175. The company has a current ratio of 0.74, a quick ratio of 0.42 and a debt-to-equity ratio of 52.13. The firm has a market capitalization of £4.19 billion, a price-to-earnings ratio of 13.67, a P/E/G ratio of 2.05 and a beta of 1.74.

Tritax Big Box REIT (LON:BBOX) last released its quarterly earnings data on Wednesday, August 5th. The company reported GBX 4.41 EPS for the quarter. Tritax Big Box REIT had a net margin of 76.38% and a return on equity of 5.39%. On average, research analysts forecast that Tritax Big Box REIT will post 8.97 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.