Tritax Big Box REIT (LON:BBOX) Rating Reiterated by Shore Capital

Tritax Big Box REIT (LON:BBOX - Get Free Report)'s stock had its "buy" rating reissued by Shore Capital in a research note issued on Friday, MarketBeat Ratings reports.

A number of other research firms have also weighed in on BBOX. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 155 ($1.95) price objective on shares of Tritax Big Box REIT in a research note on Thursday, February 8th. Barclays increased their price objective on shares of Tritax Big Box REIT from GBX 165 ($2.07) to GBX 190 ($2.39) and gave the company an "overweight" rating in a report on Wednesday, April 3rd.

Tritax Big Box REIT Price Performance

Shares of BBOX stock traded down GBX 1.70 ($0.02) on Friday, hitting GBX 165.20 ($2.07). 6,761,388 shares of the stock traded hands, compared to its average volume of 6,424,875. The firm has a market cap of £3.14 billion, a price-to-earnings ratio of 4,130.00, a PEG ratio of 2.05 and a beta of 0.88. The company has a debt-to-equity ratio of 48.45, a current ratio of 0.40 and a quick ratio of 0.42. The firm has a 50 day simple moving average of GBX 153.95 and a two-hundred day simple moving average of GBX 156.32. Tritax Big Box REIT has a 52 week low of GBX 121.80 ($1.53) and a 52 week high of GBX 173 ($2.17).

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.