Tritax Big Box REIT plc (TTBXF) – What Are Brokerages Thinking About This Stock?

Shares of Tritax Big Box REIT plc (OTCMKTS:TTBXF) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Several analysts recently issued reports on the stock. Jefferies Financial Group restated a “buy” rating on shares of Tritax Big Box REIT in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research note on Wednesday, August 26th. Barclays reiterated an “overweight” rating on shares of Tritax Big Box REIT in a research report on Monday, August 24th. Zacks Research cut shares of Tritax Big Box REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Tritax Big Box REIT in a research note on Tuesday, August 25th.

Tritax Big Box REIT Stock Performance

Shares of OTCMKTS TTBXF remained flat at $1.95 during mid-day trading on Wednesday. The stock had a trading volume of 124,997 shares, compared to its average volume of 326. Tritax Big Box REIT has a fifty-two week low of $1.61 and a fifty-two week high of $2.43. The stock’s 50-day moving average is $2.06 and its 200-day moving average is $2.05.

Tritax Big Box REIT Company Profile

Tritax Big Box REIT plc is a United Kingdom-focused real estate investment trust that owns and manages large-scale logistics properties, commonly known as “big box” warehouses. Its portfolio is designed to support distribution, e-commerce, manufacturing, and broader supply-chain activities.

The company generates rental income by leasing its properties to occupiers, including major retailers, logistics providers, manufacturers, and other businesses that require strategically located distribution facilities.