Jefferies Group Boosts Tritax Big Box REIT (BBOX) Price Target to GBX 167
Tritax Big Box REIT (LON:BBOX) had its price objective upped by equities research analysts at Jefferies Group from GBX 165 ($2.24) to GBX 167 ($2.26) in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target suggests a potential upside of 11.71% from the stock’s current price.
Separately, Liberum Capital reaffirmed a “hold” rating and set a GBX 135 ($1.83) target price on shares of Tritax Big Box REIT in a research note on Wednesday, October 25th.
Shares of Tritax Big Box REIT (LON BBOX) traded up GBX 148.01 ($2.01) on Friday, reaching GBX 149.50 ($2.03). 2,301,533 shares of the company’s stock traded hands, compared to its average volume of 1,950,000. Tritax Big Box REIT has a 52 week low of GBX 104.70 ($1.42) and a 52 week high of GBX 151.40 ($2.05). The firm has a market cap of $2,040.00 and a PE ratio of 1,359.09.
Tritax Big Box REIT Company Profile
Tritax Big Box REIT plc is a real estate investment trust (REIT) focused on investing in logistics facilities in the United Kingdom. The Company operates through the investment property segment. Its objectives reflect the Company’s aim of creating value for shareholders. It invests in and manages both standing assets and pre-let forward funded developments.
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