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 reiterated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 201 target price on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 39.10% from the stock’s current price.

Several other analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Tritax Big Box REIT from GBX 190 to GBX 195 and gave the company a “buy” rating in a report on Wednesday, August 26th. Berenberg Bank dropped 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 note on Tuesday, September 8th. JPMorgan Chase & Co. lifted their price objective on Tritax Big Box REIT from GBX 180 to GBX 190 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Finally, Peel Hunt restated an “add” rating and set a GBX 180 price objective on shares of Tritax Big Box REIT in a research report on Monday, July 27th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Tritax Big Box REIT has a consensus rating of “Moderate Buy” and a consensus target price of GBX 198.

Tritax Big Box REIT Trading Up 0.1%

LON:BBOX opened at GBX 144.50 on Thursday. Tritax Big Box REIT has a 52-week low of GBX 138.50 and a 52-week high of GBX 175. 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 stock has a fifty day simple moving average of GBX 150.50 and a 200-day simple moving average of GBX 153.81. The company has a market capitalization of £4.23 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.05 and a beta of 1.74.

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 net margin of 76.38% and a return on equity of 5.39%. On average, equities research analysts expect that Tritax Big Box REIT will post 8.97 earnings per share 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.