Tritax Big Box REIT plc (LON:BBOX) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Tritax Big Box REIT plc (LON:BBOX) have earned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 201.43.

BBOX has been the subject of a number of recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 200 price target on shares of Tritax Big Box REIT in a research report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft increased their price target on 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. The Goldman Sachs Group lowered their target price on Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating for the company in a research report on Monday, March 30th. Stifel Nicolaus restated a “hold” rating and issued a GBX 150 target price on shares of Tritax Big Box REIT in a report on Thursday, May 7th. Finally, Shore Capital Group restated a “buy” rating on shares of Tritax Big Box REIT in a report on Thursday, May 7th.

Tritax Big Box REIT Stock Performance

LON:BBOX opened at GBX 162.30 on Friday. The stock has a 50-day simple moving average of GBX 152.18 and a two-hundred day simple moving average of GBX 155.41. The firm has a market capitalization of £4.41 billion, a PE ratio of 11.28, a P/E/G ratio of 2.05 and a beta of 1.76. The company has a debt-to-equity ratio of 52.74, a quick ratio of 0.42 and a current ratio of 2.38. Tritax Big Box REIT has a 52-week low of GBX 132.20 and a 52-week high of GBX 174.

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.