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

Key Points

• The stock of Tritax Big Box REIT (LON:BBOX) was restated with a “buy” rating by Jefferies Financial Group, who set a price target of GBX 173, implying a potential upside of 28.15%.
• Tritax Big Box REIT has received multiple favorable ratings from other analysts, maintaining a consensus rating of “Buy” and a price target of GBX 173, with three analysts highlighting strong performance.
• The company's share price recently opened at GBX 135 and has fluctuated between a 52-week low of GBX 121.90 and a high of GBX 166.70, indicating volatility in its market performance.

Tritax Big Box REIT (LON:BBOX - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Jefferies Financial Group in a research note issued on Thursday,Digital Look reports. They currently have a GBX 173 price target on the stock. Jefferies Financial Group's target price would indicate a potential upside of 28.15% from the company's current price.

BBOX has been the topic of several other reports. Shore Capital reaffirmed a "buy" rating on shares of Tritax Big Box REIT in a research note on Friday, August 22nd. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Tritax Big Box REIT in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, Tritax Big Box REIT has a consensus rating of "Buy" and a consensus price target of GBX 173.

Tritax Big Box REIT Stock Down 0.6%

Shares of LON:BBOX opened at GBX 135 on Thursday. 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 market capitalization of £3.35 billion, a PE ratio of 782.61, a P/E/G ratio of 2.05 and a beta of 0.89. Tritax Big Box REIT has a 52 week low of GBX 121.90 and a 52 week high of GBX 166.70. The company's fifty day moving average is GBX 140.80 and its 200-day moving average is GBX 141.71.

Tritax Big Box REIT (LON:BBOX - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported GBX 4.63 earnings per share for the quarter. Tritax Big Box REIT had a net margin of 60.46% and a return on equity of 4.04%. Equities research analysts predict that Tritax Big Box REIT will post 8.9700057 earnings per share for the current fiscal year.

Tritax Big Box REIT Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.