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

Jefferies Financial Group reissued their buy rating on shares of Tritax Big Box REIT (LON:BBOX) in a research report report published on Monday,Digital Look reports. Jefferies Financial Group currently has a GBX 189 ($2.40) price objective on the stock.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research report on Tuesday, January 21st. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 186.50 ($2.37).

Tritax Big Box REIT Stock Performance

LON BBOX opened at GBX 147.40 ($1.87) on Monday. The firm has a market capitalization of £3.65 billion, a P/E ratio of 19.27, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. The company has a current ratio of 0.54, a quick ratio of 0.42 and a debt-to-equity ratio of 43.99. The firm’s fifty day moving average price is GBX 140.03 and its two-hundred day moving average price is GBX 146.57. Tritax Big Box REIT has a 1 year low of GBX 125.20 ($1.59) and a 1 year high of GBX 168.90 ($2.15).

Tritax Big Box REIT (LON:BBOX) last issued its earnings results on Friday, February 28th. The company reported GBX 8.05 ($0.10) 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, 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.