Tritax Big Box REIT (LON:BBOX) Given Overweight Rating at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. reaffirmed an "overweight" rating for Tritax Big Box REIT (BBOX), indicating strong confidence in the stock's performance.
• The stock has an average price target of GBX 189, with three research analysts rating it as a "Buy".
• Tritax Big Box REIT reported a net margin of 60.46% and earnings per share (EPS) of GBX 4.63 for the last quarter.

Tritax Big Box REIT (LON:BBOX - Get Free Report)'s stock had its "overweight" rating reiterated by investment analysts at JPMorgan Chase & Co. in a research note issued on Wednesday, Marketbeat.com reports.

Separately, Shore Capital reaffirmed a "buy" rating on shares of Tritax Big Box REIT in a report on Friday, August 22nd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Tritax Big Box REIT presently has an average rating of "Buy" and an average price target of GBX 173.

Tritax Big Box REIT Stock Performance

Shares of BBOX remained flat at GBX 135.50 during mid-day trading on Wednesday. 6,572,563 shares of the stock traded hands, compared to its average volume of 13,321,300. The company has a market capitalization of £3.36 billion, a P/E ratio of 785.51, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. Tritax Big Box REIT has a 1-year low of GBX 121.90 and a 1-year high of GBX 166.70. 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 fifty day moving average of GBX 140.44 and a 200-day moving average of GBX 141.54.

Tritax Big Box REIT (LON:BBOX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported GBX 4.63 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a net margin of 60.46% and a return on equity of 4.04%. As a group, equities research analysts anticipate 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.