Tritax Big Box REIT (LON:BBOX) Earns “Hold” Rating from Peel Hunt
Peel Hunt restated their hold rating on shares of Tritax Big Box REIT (LON:BBOX) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.
Several other research analysts also recently weighed in on BBOX. Numis Securities restated a hold rating on shares of Tritax Big Box REIT in a report on Wednesday, February 5th. Royal Bank of Canada lowered their price objective on shares of Tritax Big Box REIT from GBX 195 ($2.57) to GBX 180 ($2.37) and set an outperform rating on the stock in a report on Friday, February 7th. Peel Hunt began coverage on shares of Tritax Big Box REIT in a report on Wednesday, October 16th. They set a hold rating and a GBX 150 ($1.97) price objective on the stock. Liberum Capital restated a hold rating and set a GBX 145 ($1.91) price objective on shares of Tritax Big Box REIT in a report on Monday, February 3rd. Finally, Barclays restated an underweight rating on shares of Tritax Big Box REIT in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. Tritax Big Box REIT presently has a consensus rating of Hold and an average price target of GBX 149.67 ($1.97).
BBOX opened at GBX 145.20 ($1.91) on Tuesday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 43.08. The company’s fifty day moving average price is GBX 140.52 and its two-hundred day moving average price is GBX 147.15. Tritax Big Box REIT has a 1-year low of GBX 1.12 ($0.01) and a 1-year high of GBX 156.60 ($2.06). The company has a market cap of $2.48 billion and a price-to-earnings ratio of 10.68.
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq.
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