Tritax Big Box (LON:BBOX – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 153.20 ($1.94) and traded as low as GBX 148.90 ($1.88). Tritax Big Box shares last traded at GBX 150 ($1.90), with a volume of 4,262,545 shares.
Analysts Set New Price Targets
Several analysts have recently commented on the stock. Barclays increased their price target on shares of Tritax Big Box from GBX 165 ($2.09) to GBX 190 ($2.40) and gave the company an “overweight” rating in a research report on Wednesday, April 3rd. Berenberg Bank restated a “buy” rating and issued a GBX 155 ($1.96) price objective on shares of Tritax Big Box in a research report on Thursday, February 8th. Finally, Shore Capital restated a “buy” rating on shares of Tritax Big Box in a report on Friday, March 1st.
Check Out Our Latest Stock Report on Tritax Big Box
Tritax Big Box Price Performance
Tritax Big Box Increases Dividend
The business also recently announced a dividend, which was paid on Tuesday, April 2nd. Investors of record on Thursday, March 14th were given a GBX 2.05 ($0.03) dividend. The ex-dividend date was Thursday, March 14th. This is a boost from Tritax Big Box’s previous dividend of $1.75. This represents a dividend yield of 1.4%. Tritax Big Box’s dividend payout ratio (DPR) is currently 17,500.00%.
About Tritax Big Box
Tritax Big Box REIT plc (Tritax Big Box or the Company) is the UK's specialist in logistics real estate with the UK's largest investment portfolio and largest logistics-focused land platform. Tritax Big Box 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.
Featured Articles
- Five stocks we like better than Tritax Big Box
- CD Calculator: Certificate of Deposit Calculator
- Heat Alert: Micron Just Got Named A Must-Own Stock for Q2
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- WD-40 Company Greases the Wheels of Growth and Profits
- How to Invest in Biotech Stocks
- How to Protect your Portfolio Against a Rising VIX
Receive News & Ratings for Tritax Big Box Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tritax Big Box and related companies with MarketBeat.com's FREE daily email newsletter.