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Tritax Big Box REIT plc (LON:BBOX) Given Average Recommendation of "Moderate Buy" by Brokerages

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Tritax Big Box REIT plc (LON:BBOX - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 198.25.

A number of equities research analysts have recently weighed in on the company. Berenberg Bank reaffirmed a "buy" rating and set a GBX 196 price target on shares of Tritax Big Box REIT in a research note on Thursday, August 6th. Shore Capital Group restated a "buy" rating on shares of Tritax Big Box REIT in a report on Thursday, May 7th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 200 price objective on shares of Tritax Big Box REIT in a research report on Monday, July 27th. Stifel Nicolaus reissued a "hold" rating and issued a GBX 150 target price on shares of Tritax Big Box REIT in a research report on Thursday, May 7th. Finally, Peel Hunt restated an "add" rating and set a GBX 180 price target on shares of Tritax Big Box REIT in a research note on Monday, July 27th.

Get Our Latest Research Report on BBOX

Tritax Big Box REIT Trading Down 1.0%

Tritax Big Box REIT stock opened at GBX 159.10 on Monday. Tritax Big Box REIT has a 12 month low of GBX 132.20 and a 12 month high of GBX 175. The company has a quick ratio of 0.42, a current ratio of 0.74 and a debt-to-equity ratio of 52.13. The stock has a market cap of £4.32 billion, a P/E ratio of 11.06, a P/E/G ratio of 2.05 and a beta of 1.77. The company's fifty day simple moving average is GBX 161.67 and its 200-day simple moving average is GBX 157.69.

Tritax Big Box REIT (LON:BBOX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported GBX 4.41 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a return on equity of 5.39% and a net margin of 76.38%. As a group, sell-side analysts forecast that Tritax Big Box REIT will post 8.9700057 EPS for the current fiscal year.

About Tritax Big Box REIT

(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. Tritax Big Box targets attractive and sustainable returns for shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically let to institutional-grade clients on long-term leases with upward-only rent reviews and geographic and client diversification throughout the UK.

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Analyst Recommendations for Tritax Big Box REIT (LON:BBOX)

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