Shares of Tritax Big Box REIT PLC (LON:BBOX) have been assigned an average rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 154.60 ($2.02).
A number of equities analysts have recently weighed in on BBOX shares. Peel Hunt reissued a “hold” rating on shares of Tritax Big Box REIT in a research report on Tuesday, November 5th. Liberum Capital reissued a “hold” rating and set a GBX 155 ($2.03) price target on shares of Tritax Big Box REIT in a research report on Friday, September 27th. Barclays reissued an “underweight” rating and set a GBX 130 ($1.70) price target (down from GBX 155 ($2.03)) on shares of Tritax Big Box REIT in a research report on Thursday, August 22nd. Peel Hunt started coverage on shares of Tritax Big Box REIT in a research report on Wednesday, October 16th. They set a “hold” rating and a GBX 150 ($1.96) price target on the stock. Finally, Royal Bank of Canada reissued an “outperform” rating and set a GBX 195 ($2.55) price target on shares of Tritax Big Box REIT in a research report on Thursday, August 15th.
Shares of LON BBOX opened at GBX 147 ($1.92) on Friday. The company’s fifty day moving average is GBX 149.88 and its 200-day moving average is GBX 140.47. The stock has a market cap of $2.51 billion and a price-to-earnings ratio of 10.81. Tritax Big Box REIT has a twelve month low of GBX 1.47 ($0.02) and a twelve month high of GBX 156.60 ($2.05). 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 business also recently disclosed a dividend, which will be paid on Thursday, November 14th. Investors of record on Thursday, October 17th will be given a GBX 1.71 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a yield of 1.17%. Tritax Big Box REIT’s dividend payout ratio is currently 0.51%.
In related news, insider Aubrey Adams acquired 36,957 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were acquired at an average cost of GBX 143 ($1.87) per share, with a total value of £52,848.51 ($69,055.94).
Tritax Big Box REIT Company Profile
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.
See Also: Exchange-Traded Funds (ETFs)
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