Tritax Big Box REIT’s (BBOX) Buy Rating Reiterated at Shore Capital

Shore Capital restated their buy rating on shares of Tritax Big Box REIT (LON:BBOX) in a research note issued to investors on Thursday morning, MarketBeat.com reports.

BBOX has been the topic of a number of other research reports. Jefferies Financial Group raised their price target on Tritax Big Box REIT from GBX 180 to GBX 184 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Peel Hunt reiterated an “add” rating and issued a GBX 160 target price on shares of Tritax Big Box REIT in a research note on Monday, October 13th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 214.67.

Tritax Big Box REIT Stock Performance

BBOX opened at GBX 164.10 on Thursday. The company has a debt-to-equity ratio of 43.99, a current ratio of 0.54 and a quick ratio of 0.42. The company has a market capitalization of £4.43 billion, a price-to-earnings ratio of 9.51, a P/E/G 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 165.80. The business’s 50-day moving average price is GBX 151.62 and its two-hundred day moving average price is GBX 146.50.

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. The Company focuses on well-located, modern logistics assets, typically let to institutional-grade tenants on long-term leases with upward-only rent reviews and geographic and tenant diversification throughout the UK.