Tritax Big Box REIT’s (BBOX) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Tritax Big Box REIT (LON:BBOX) in a research note released on Monday morning, MarketBeat.com reports. They currently have a GBX 200 target price on the stock.

Several other equities research analysts have also recently issued reports on BBOX. 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 on the stock in a report on Monday, March 30th. Shore Capital Group reissued a “buy” rating on shares of Tritax Big Box REIT in a report on Thursday, May 7th. Finally, Stifel Nicolaus reissued a “hold” rating and set a GBX 150 price target on shares of Tritax Big Box REIT in a report on Thursday, May 7th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Tritax Big Box REIT presently has an average rating of “Moderate Buy” and a consensus price target of GBX 204.29.

Tritax Big Box REIT Stock Down 1.4%

BBOX opened at GBX 170.80 on Monday. 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 firm has a 50 day moving average price of GBX 157.61 and a 200-day moving average price of GBX 157.31. Tritax Big Box REIT has a twelve month low of GBX 132.20 and a twelve month high of GBX 175. The stock has a market capitalization of £4.64 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 2.05 and a beta of 1.76.

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.