Jefferies Financial Group Reaffirms Buy Rating for Tritax Big Box REIT (LON:BBOX)

Jefferies Financial Group reaffirmed their buy rating on shares of Tritax Big Box REIT (LON:BBOX - Free Report) in a research note issued to investors on Monday,Digital Look reports. They currently have a GBX 189 ($2.44) price objective on the stock.

Separately, Shore Capital reiterated a "buy" rating on shares of Tritax Big Box REIT in a research note on Tuesday, January 21st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 186.50 ($2.40).

Tritax Big Box REIT Stock Performance

Shares of LON BBOX traded up GBX 1.40 ($0.02) during trading on Monday, reaching GBX 139.60 ($1.80). 371,989,625 shares of the company traded hands, compared to its average volume of 20,504,738. The firm has a 50 day simple moving average of GBX 141.10 and a 200-day simple moving average of GBX 146.05. Tritax Big Box REIT has a 52-week low of GBX 125.20 ($1.61) and a 52-week high of GBX 168.90 ($2.18). The stock has a market capitalization of £3.46 billion, a PE ratio of 18.25, a P/E/G ratio of 2.05 and a beta of 0.89. The company has a quick ratio of 0.42, a current ratio of 0.54 and a debt-to-equity ratio of 43.99.

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Tritax Big Box REIT (LON:BBOX - Get Free Report) last released its quarterly earnings results on Friday, February 28th. The company reported GBX 8.05 ($0.10) earnings per share for the quarter. Tritax Big Box REIT had a return on equity of 4.04% and a net margin of 60.46%. Equities research analysts anticipate that Tritax Big Box REIT will post 8.9700057 earnings per share 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.