Tritax Big Box REIT plc (OTCMKTS:TTBXF) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Tritax Big Box REIT plc (OTCMKTS:TTBXF) has received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

A number of equities analysts recently commented on TTBXF shares. The Goldman Sachs Group restated a “buy” rating on shares of Tritax Big Box REIT in a report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research report on Wednesday, August 26th. Zacks Research lowered shares of Tritax Big Box REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Barclays reissued an “overweight” rating on shares of Tritax Big Box REIT in a research report on Monday, August 24th. Finally, BNP Paribas Exane began coverage on shares of Tritax Big Box REIT in a research report on Wednesday, July 1st. They set an “outperform” rating on the stock.

Tritax Big Box REIT Stock Performance

Shares of TTBXF stock remained flat at $1.95 on Wednesday. The company had a trading volume of 124,997 shares, compared to its average volume of 326. Tritax Big Box REIT has a 52-week low of $1.61 and a 52-week high of $2.43. The firm has a 50-day moving average of $2.06 and a 200 day moving average of $2.05.

About Tritax Big Box REIT

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.