Jefferies Financial Group Reiterates “Buy” Rating for Tritax Big Box REIT (LON:BBOX)

Jefferies Financial Group reaffirmed their buy rating on shares of Tritax Big Box REIT (LON:BBOX) in a research note released on Monday,Digital Look reports. Jefferies Financial Group currently has a GBX 189 ($2.44) price objective on the stock.

Separately, Shore Capital restated a “buy” rating on shares of Tritax Big Box REIT in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Tritax Big Box REIT has an average rating of “Buy” and an average price target of GBX 186.50 ($2.40).

Tritax Big Box REIT Stock Performance

LON BBOX opened at GBX 142.30 ($1.83) on Monday. 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 has a market capitalization of £3.53 billion, a price-to-earnings ratio of 18.61, a P/E/G ratio of 2.05 and a beta of 0.89. The firm’s 50 day simple moving average is GBX 140.71 and its 200 day simple moving average is GBX 146.37. Tritax Big Box REIT has a 1 year low of GBX 125.20 ($1.61) and a 1 year high of GBX 168.90 ($2.18).

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 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 expect that Tritax Big Box REIT will post 8.9700057 earnings per share for the current fiscal 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. 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.