Tritax Big Box REIT’s (BBOX) “Buy” Rating Reiterated at Jefferies Group

Tritax Big Box REIT (LON:BBOX)‘s stock had its “buy” rating reiterated by analysts at Jefferies Group in a research note issued on Thursday. They currently have a GBX 167 ($2.26) price target on the stock. Jefferies Group’s price target would suggest a potential upside of 12.08% from the stock’s current price.

Separately, Liberum Capital restated a “hold” rating and issued a GBX 135 ($1.83) price objective on shares of Tritax Big Box REIT in a report on Wednesday, October 25th.

Shares of Tritax Big Box REIT (BBOX) traded up GBX 147.51 ($2.00) during mid-day trading on Thursday, hitting GBX 149 ($2.02). 5,890,234 shares of the company were exchanged, compared to its average volume of 1,910,000. The firm has a market capitalization of $2,030.00 and a PE ratio of 1,354.55. 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).

In other Tritax Big Box REIT news, insider Aubrey Adams acquired 100,000 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The stock was purchased at an average price of GBX 144 ($1.95) per share, for a total transaction of £144,000 ($195,280.72).

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About Tritax Big Box REIT

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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