Tritax Big Box REIT (LON:BBOX) Price Target Raised to GBX 184

Tritax Big Box REIT (LON:BBOX) had its price objective upped by Jefferies Financial Group from GBX 180 to GBX 184 in a report published on Tuesday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Several other equities analysts have also issued reports on the company. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Tritax Big Box REIT in a research note on Wednesday, September 10th. Shore Capital reiterated a “buy” rating and set a GBX 300 price target on shares of Tritax Big Box REIT in a research note on Thursday, October 23rd. Finally, Peel Hunt reissued an “add” rating and issued a GBX 160 price objective on shares of Tritax Big Box REIT in a research note on Monday, October 13th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 214.67.

Tritax Big Box REIT Stock Performance

LON:BBOX opened at GBX 151.50 on Tuesday. Tritax Big Box REIT has a fifty-two week low of GBX 121.90 and a fifty-two week high of GBX 165.60. The company has a debt-to-equity ratio of 43.99, a quick ratio of 0.42 and a current ratio of 0.54. The company has a 50 day moving average price of GBX 143.42 and a 200 day moving average price of GBX 143.34. The stock has a market capitalization of £3.76 billion, a P/E ratio of 8.78, a PEG ratio of 2.05 and a beta of 0.89.

Tritax Big Box REIT (LON:BBOX) last announced its earnings results on Wednesday, August 6th. The company reported GBX 4.63 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a return on equity of 4.04% and a net margin of 60.46%. Equities research analysts forecast that Tritax Big Box REIT will post 8.9700057 EPS for the current 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. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.