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

Tritax Big Box REIT (LON:BBOX)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Wednesday, Marketbeat Ratings reports.

Separately, Shore Capital reiterated a “buy” rating on shares of Tritax Big Box REIT in a research note on Friday, August 22nd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 173.

Tritax Big Box REIT Stock Down 0.5%

LON:BBOX opened at GBX 135.17 on Wednesday. Tritax Big Box REIT has a fifty-two week low of GBX 121.90 and a fifty-two week high of GBX 166.70. The stock has a market capitalization of £3.35 billion, a P/E ratio of 783.59, a P/E/G ratio of 2.05 and a beta of 0.89. 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’s 50-day simple moving average is GBX 140.62 and its 200-day simple moving average is GBX 141.63.

Tritax Big Box REIT (LON:BBOX) last released its quarterly earnings results on Wednesday, August 6th. The company reported GBX 4.63 earnings per share for the quarter. Tritax Big Box REIT had a net margin of 60.46% and a return on equity of 4.04%. On average, equities analysts anticipate that Tritax Big Box REIT will post 8.9700057 earnings per share for the current fiscal 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.