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

Jefferies Financial Group reissued their buy rating on shares of Tritax Big Box REIT (LON:BBOX) in a report published on Monday morning,Digital Look reports. The firm currently has a GBX 189 ($2.40) price target on the stock.

Separately, Shore Capital reissued a “buy” rating on shares of Tritax Big Box REIT in a research report on Tuesday, January 21st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Tritax Big Box REIT presently has a consensus rating of “Buy” and a consensus price target of GBX 186.50 ($2.37).

Tritax Big Box REIT Trading Up 0.1 %

Shares of LON:BBOX opened at GBX 147.40 ($1.87) on Monday. The firm has a market cap of £3.65 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 2.05 and a beta of 0.89. Tritax Big Box REIT has a 12 month low of GBX 125.20 ($1.59) and a 12 month high of GBX 168.90 ($2.15). The company’s fifty day simple moving average is GBX 140.03 and its 200 day simple moving average is GBX 146.57. The company has a quick ratio of 0.42, a current ratio of 0.54 and a debt-to-equity ratio of 43.99.

Tritax Big Box REIT (LON:BBOX) last released its earnings results on Friday, February 28th. The company reported GBX 8.05 ($0.10) 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%. As a group, research analysts forecast that Tritax Big Box REIT will post 8.9700057 EPS for the current fiscal 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.