Tritax Big Box REIT plc (LON:BBOX) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Tritax Big Box REIT plc (LON:BBOX) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 201.43.

BBOX has been the subject of a number of recent research reports. Shore Capital Group reissued a “buy” rating on shares of Tritax Big Box REIT in a report on Thursday, May 7th. Stifel Nicolaus reissued a “hold” rating and issued a GBX 150 target price on shares of Tritax Big Box REIT in a report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Tritax Big Box REIT from GBX 180 to GBX 190 and gave the stock a “buy” rating in a research report on Friday, March 20th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 200 target price on shares of Tritax Big Box REIT in a research report on Thursday, June 4th. Finally, The Goldman Sachs Group dropped their target price on shares of 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.

Tritax Big Box REIT Trading Up 0.6%

Tritax Big Box REIT stock opened at GBX 144.90 on Wednesday. Tritax Big Box REIT has a 12 month low of GBX 132.20 and a 12 month high of GBX 174. The stock has a market cap of £3.93 billion, a price-to-earnings ratio of 10.07, a price-to-earnings-growth ratio of 2.05 and a beta of 1.76. The company has a quick ratio of 0.42, a current ratio of 2.38 and a debt-to-equity ratio of 52.74. The business has a 50 day moving average price of GBX 149.70 and a two-hundred day moving average price of GBX 154.21.

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.