Tritax Big Box REIT's (BBOX) Buy Rating Reaffirmed at Shore Capital

Key Points

• The investment analysts at Shore Capital have reaffirmed a "buy" rating for Tritax Big Box REIT (BBOX) in a recent research note.
• Tritax Big Box REIT's stock opened at GBX 139.94, and it has a market capitalization of £3.47 billion with a price-to-earnings ratio of 18.30.
• The company reported an earnings per share (EPS) of GBX 4.63 for the last quarter, with expectations to post around 8.97 EPS for the current year.

Tritax Big Box REIT (LON:BBOX - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Shore Capital in a research note issued on Friday,Digital Look reports.

Tritax Big Box REIT Price Performance

Shares of Tritax Big Box REIT stock opened at GBX 139.94 on Friday. The company has a debt-to-equity ratio of 43.99, a quick ratio of 0.42 and a current ratio of 0.54. Tritax Big Box REIT has a 52-week low of GBX 121.90 and a 52-week high of GBX 166.80. The company has a fifty day moving average of GBX 143.58 and a 200-day moving average of GBX 142.61. The stock has a market capitalization of £3.47 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89.

Tritax Big Box REIT (LON:BBOX - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported GBX 4.63 EPS 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 expect that Tritax Big Box REIT will post 8.9700057 EPS for the current 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.

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