Tritax Big Box REIT plc (LON:BBOX) Stock Has Consensus Target Price of GBX 198.88 According to Analysts

Tritax Big Box REIT plc (LON:BBOX) has been assigned an average recommendation of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 198.88.

BBOX has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 208 price target on shares of Tritax Big Box REIT in a report on Wednesday, September 9th. Berenberg Bank lowered their target price on shares of Tritax Big Box REIT from GBX 196 to GBX 188 and set a “buy” rating on the stock in a research note on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft boosted their target price on Tritax Big Box REIT from GBX 190 to GBX 195 and gave the stock a “buy” rating in a report on Wednesday, August 26th. JPMorgan Chase & Co. raised their target price on Tritax Big Box REIT from GBX 180 to GBX 190 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Finally, Peel Hunt reaffirmed an “add” rating and set a GBX 180 target price on shares of Tritax Big Box REIT in a report on Monday, July 27th.

Tritax Big Box REIT Price Performance

Shares of LON BBOX opened at GBX 138.90 on Tuesday. The company has a debt-to-equity ratio of 52.13, a current ratio of 0.74 and a quick ratio of 0.42. The firm has a market capitalization of £4.07 billion, a PE ratio of 13.27, a P/E/G ratio of 2.05 and a beta of 1.75. Tritax Big Box REIT has a 1-year low of GBX 138.50 and a 1-year high of GBX 175. The business’s fifty day moving average price is GBX 153.65 and its two-hundred day moving average price is GBX 153.94.

Tritax Big Box REIT (LON:BBOX) last announced its quarterly earnings results on Wednesday, August 5th. The company reported GBX 4.41 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a net margin of 76.38% and a return on equity of 5.39%. On average, research analysts expect that Tritax Big Box REIT will post 8.9700057 EPS for the current year.

About Tritax Big Box REIT

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. Tritax Big Box targets 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 clients on long-term leases with upward-only rent reviews and geographic and client diversification throughout the UK.