Key Points
- Insider sale: Alastair Hughes sold 76,783 shares on 9 March at an average price of GBX 153, generating proceeds of £117,477.99.
- Analyst outlook: Five analysts rate BBOX as a "Buy" with an average price target of GBX 218.50 and top targets such as Berenberg's GBX 230.
- Company and valuation: Tritax Big Box REIT is the largest listed UK logistics-warehouse investor with a market cap of £4.29bn, a current price around GBX 158.70, a 52-week range of GBX 121.90–174, and a PE of 9.20.
Tritax Big Box REIT plc (LON:BBOX - Get Free Report) insider Alastair Hughes sold 76,783 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of GBX 153, for a total transaction of £117,477.99.
Tritax Big Box REIT Stock Up 2.3%
Shares of Tritax Big Box REIT stock opened at GBX 158.70 on Wednesday. Tritax Big Box REIT plc has a fifty-two week low of GBX 121.90 and a fifty-two week high of GBX 174. The firm has a market cap of £4.29 billion, a PE ratio of 9.20, a P/E/G ratio of 2.05 and a beta of 1.65. The business's fifty day moving average is GBX 163.89 and its two-hundred day moving average is GBX 152.23.
Tritax Big Box REIT (LON:BBOX - Get Free Report) last announced its quarterly earnings data on Friday, February 27th. The company reported GBX 8.38 EPS for the quarter. Tritax Big Box REIT had a return on equity of 5.78% and a net margin of 111.98%. Equities research analysts anticipate that Tritax Big Box REIT plc will post 8.9700057 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on BBOX shares. Berenberg Bank reiterated a "buy" rating and set a GBX 230 price objective on shares of Tritax Big Box REIT in a report on Monday, January 26th. Shore Capital Group restated a "buy" rating on shares of Tritax Big Box REIT in a report on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and an average price target of GBX 218.50.
Read Our Latest Stock Analysis on BBOX
Tritax Big Box REIT Company Profile
(
Get Free Report)
Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX 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. The Company focuses on well-located, modern logistics assets, typically let to institutional-grade tenants on long-term leases with upward-only rent reviews and geographic and tenant diversification throughout the UK.
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