Peel Hunt Reaffirms Hold Rating for Tritax Big Box REIT (LON:BBOX)

Peel Hunt reissued their hold rating on shares of Tritax Big Box REIT (LON:BBOX) in a research note released on Tuesday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts also recently issued research reports about the company. Barclays reaffirmed an underweight rating on shares of Tritax Big Box REIT in a research report on Wednesday, November 27th. Peel Hunt assumed coverage on Tritax Big Box REIT in a report on Wednesday, October 16th. They set a hold rating and a GBX 150 ($1.96) price target for the company. Royal Bank of Canada restated an outperform rating and issued a GBX 195 ($2.55) price target on shares of Tritax Big Box REIT in a research note on Thursday, August 15th. Finally, Liberum Capital reaffirmed a hold rating and issued a GBX 155 ($2.03) price objective on shares of Tritax Big Box REIT in a report on Friday, September 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 153.83 ($2.01).

Shares of BBOX stock opened at GBX 146.20 ($1.91) on Tuesday. Tritax Big Box REIT has a 12-month low of GBX 1.47 ($0.02) and a 12-month high of GBX 156.60 ($2.05). The company has a market capitalization of $2.50 billion and a PE ratio of 10.75. The firm has a 50 day moving average price of GBX 150.15 and a two-hundred day moving average price of GBX 147.21. 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 firm also recently disclosed a dividend, which was paid on Thursday, November 14th. Shareholders of record on Thursday, October 17th were issued a GBX 1.71 ($0.02) dividend. This represents a yield of 1.17%. The ex-dividend date was Thursday, October 17th. Tritax Big Box REIT’s dividend payout ratio is currently 0.51%.

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.

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Analyst Recommendations for Tritax Big Box REIT (LON:BBOX)

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