Peel Hunt reissued their hold rating on shares of Tritax Big Box REIT (LON:BBOX) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also issued reports about the stock. Royal Bank of Canada upped their target price on shares of Tritax Big Box REIT from GBX 150 ($1.85) to GBX 155 ($1.91) and gave the stock an outperform rating in a research report on Tuesday, June 16th. Liberum Capital reaffirmed a hold rating on shares of Tritax Big Box REIT in a report on Wednesday, April 8th. Jefferies Financial Group lifted their target price on Tritax Big Box REIT from GBX 151 ($1.86) to GBX 155 ($1.91) and gave the company a buy rating in a research note on Monday, June 15th. Finally, Barclays upped their price target on Tritax Big Box REIT from GBX 125 ($1.54) to GBX 140 ($1.72) and gave the company an underweight rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 147.50 ($1.82).
Shares of LON BBOX opened at GBX 148.60 ($1.83) on Wednesday. Tritax Big Box REIT has a 12-month low of GBX 79 ($0.97) and a 12-month high of GBX 162.60 ($2.00). The firm’s 50-day simple moving average is GBX 142.06 and its 200 day simple moving average is GBX 132.20. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 43.08. The company has a market cap of $2.49 billion and a price-to-earnings ratio of 10.72.
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq.
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