Tritax Big Box REIT (LON:BBOX) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Tritax Big Box REIT (LON:BBOX) in a research report sent to investors on Thursday morning, Marketbeat reports. Jefferies Financial Group currently has a GBX 200 price objective on the stock.

Several other research analysts have also recently weighed in on BBOX. The Goldman Sachs Group decreased their target price on Tritax Big Box REIT from GBX 190 to GBX 180 and set a “buy” rating for the company in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft upped their target price on Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company a “buy” rating in a report on Friday, March 20th. Shore Capital Group reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a report on Thursday, January 22nd. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 230 target price on shares of Tritax Big Box REIT in a report on Monday, January 26th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 201.43.

Tritax Big Box REIT Trading Down 0.0%

Shares of BBOX stock opened at GBX 152.45 on Thursday. The stock has a 50-day simple moving average of GBX 153.28 and a 200 day simple moving average of GBX 154.70. Tritax Big Box REIT has a fifty-two week low of GBX 132.20 and a fifty-two week high of GBX 174. The stock has a market capitalization of £4.12 billion, a P/E ratio of 10.59, a P/E/G ratio of 2.05 and a beta of 1.14. The company has a quick ratio of 0.42, a current ratio of 2.38 and a debt-to-equity ratio of 52.74.

Tritax Big Box REIT (LON:BBOX) last announced its earnings results on Friday, February 27th. The company reported GBX 8.38 earnings per share for the quarter. Tritax Big Box REIT had a return on equity of 5.78% and a net margin of 111.98%. On average, sell-side analysts expect that Tritax Big Box REIT will post 8.9700057 earnings per share for the current fiscal year.

Insider Activity at Tritax Big Box REIT

In other news, insider Alastair Hughes sold 76,783 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of GBX 153, for a total transaction of £117,477.99. 0.07% of the stock is currently owned by corporate insiders.

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.