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Peel Hunt Reiterates Add Rating for Tritax Big Box REIT (LON:BBOX)

Tritax Big Box REIT logo with Real Estate background

Key Points

  • Peel Hunt has reaffirmed an "add" rating for Tritax Big Box REIT (LON:BBOX) with a price target of GBX 160, indicating a potential upside of 10.20% from the stock's previous close.
  • The stock has received multiple positive ratings from analysts, with Jefferies Financial Group setting a price objective of GBX 173 and a consensus target price of GBX 166.50.
  • Tritax Big Box REIT reported a 4.63 EPS for the last quarter, and it has a market cap of £3.60 billion, reflecting its position as the largest listed investor in logistics warehouse assets in the UK.
  • Five stocks we like better than Tritax Big Box REIT.

Tritax Big Box REIT (LON:BBOX - Get Free Report)'s stock had its "add" rating reissued by stock analysts at Peel Hunt in a report released on Monday, MarketBeat Ratings reports. They presently have a GBX 160 price target on the stock. Peel Hunt's price objective points to a potential upside of 10.20% from the stock's previous close.

BBOX has been the topic of several other reports. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 173 price objective on shares of Tritax Big Box REIT in a research note on Thursday, September 11th. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Tritax Big Box REIT in a research note on Wednesday, September 10th. Finally, Shore Capital reissued a "buy" rating on shares of Tritax Big Box REIT in a research note on Friday, August 22nd. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of GBX 166.50.

Read Our Latest Stock Analysis on BBOX

Tritax Big Box REIT Stock Performance

LON:BBOX opened at GBX 145.19 on Monday. The company has a market cap of £3.60 billion, a P/E ratio of 841.68, a P/E/G ratio of 2.05 and a beta of 0.89. The firm's 50 day moving average is GBX 140.60 and its two-hundred day moving average is GBX 141.73. 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 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 - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported GBX 4.63 EPS for the quarter. Tritax Big Box REIT had a return on equity of 4.04% and a net margin of 60.46%. Analysts expect that Tritax Big Box REIT will post 8.9700057 EPS for the current year.

Tritax Big Box REIT Company Profile

(Get Free Report)

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.

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