Tritax Big Box REIT plc (BBOX.L) – What Are Analysts Thinking About This Stock?

Tritax Big Box REIT plc (LON:BBOX) has earned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 198.88.

Several research firms have weighed in on BBOX. Jefferies Financial Group reiterated a “buy” rating and set a GBX 208 price objective on shares of Tritax Big Box REIT in a research report on Wednesday, September 9th. JPMorgan Chase & Co. increased their target price on Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft raised their target price on Tritax Big Box REIT from GBX 190 to GBX 195 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. Berenberg Bank lowered their price target on Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating on the stock in a report on Tuesday, September 8th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 180 price target on shares of Tritax Big Box REIT in a report on Monday, July 27th.

Tritax Big Box REIT Stock Performance

Shares of LON BBOX opened at GBX 142.35 on Tuesday. The stock’s fifty day simple moving average is GBX 152.50 and its 200 day simple moving average is GBX 153.88. The stock has a market capitalization of £4.17 billion, a price-to-earnings ratio of 13.60, a PEG ratio of 2.05 and a beta of 1.74. The company has a quick ratio of 0.42, a current ratio of 0.74 and a debt-to-equity ratio of 52.13. Tritax Big Box REIT has a 52-week low of GBX 138.50 and a 52-week high of GBX 175.

Tritax Big Box REIT (LON:BBOX) last announced its earnings results 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%. As a group, sell-side analysts forecast that Tritax Big Box REIT will post 8.97 earnings per share for the current fiscal year.

About Tritax Big Box REIT

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.