Tritax Big Box REIT plc (LON:BBOX – Get Rating) declared a dividend on Tuesday, October 11th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 20th will be paid a dividend of GBX 1.68 ($0.02) per share on Thursday, November 3rd. This represents a yield of 1.3%. The ex-dividend date of this dividend is Thursday, October 20th. The official announcement can be viewed at this link.
Tritax Big Box REIT Stock Down 1.0 %
Shares of BBOX opened at GBX 127.70 ($1.54) on Tuesday. Tritax Big Box REIT has a fifty-two week low of GBX 120.08 ($1.45) and a fifty-two week high of GBX 288 ($3.48). The company’s fifty day moving average is GBX 166.21 and its two-hundred day moving average is GBX 194.45. The firm has a market cap of £2.39 billion and a PE ratio of 222.50. The company has a quick ratio of 0.42, a current ratio of 0.48 and a debt-to-equity ratio of 32.49.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Berenberg Bank downgraded shares of Tritax Big Box REIT to a “hold” rating and decreased their price objective for the stock from GBX 275 ($3.32) to GBX 190 ($2.30) in a research note on Wednesday, August 31st. Shore Capital reiterated a “sell” rating on shares of Tritax Big Box REIT in a report on Wednesday, August 3rd. Finally, Barclays cut Tritax Big Box REIT to an “underweight” rating and reduced their price objective for the stock from GBX 200 ($2.42) to GBX 155 ($1.87) in a research note on Friday, September 23rd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Tritax Big Box REIT presently has an average rating of “Hold” and an average target price of GBX 231.40 ($2.80).
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 developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK.
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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tritax Big Box REIT, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Tritax Big Box REIT wasn’t on the list.
While Tritax Big Box REIT currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Shares of Tritax Big Box REIT plc (LON:BBOX – Get Rating) have been given a consensus rating of “Hold” by the six analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 223 ($2.69).
BBOX has been the subject of a number of research analyst reports. Shore Capital reiterated a “sell” rating on shares of Tritax Big Box REIT in a research note on Wednesday, August 3rd. Berenberg Bank lowered Tritax Big Box REIT to a “hold” rating and cut their price objective for the company from GBX 275 ($3.32) to GBX 190 ($2.30) in a report on Wednesday, August 31st. Finally, Barclays lowered Tritax Big Box REIT to an “underweight” rating and cut their price objective for the company from GBX 200 ($2.42) to GBX 155 ($1.87) in a report on Friday, September 23rd.
Tritax Big Box REIT Trading Down 2.3 %
Shares of LON BBOX opened at GBX 129 ($1.56) on Tuesday. The business has a fifty day moving average price of GBX 166.21 and a 200 day moving average price of GBX 194.45. The company has a debt-to-equity ratio of 32.49, a current ratio of 0.48 and a quick ratio of 0.42. Tritax Big Box REIT has a 1-year low of GBX 120.08 ($1.45) and a 1-year high of GBX 288 ($3.48). The stock has a market capitalization of £2.41 billion and a P/E ratio of 222.41.
Tritax Big Box REIT Dividend Announcement
The company also recently announced a dividend, which was paid on Thursday, August 25th. Stockholders of record on Thursday, August 4th were given a GBX 1.68 ($0.02) dividend. The ex-dividend date was Thursday, August 4th. This represents a dividend yield of 0.87%. Tritax Big Box REIT’s dividend payout ratio (DPR) is presently 11.68%.
About Tritax Big Box REIT
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 developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK.
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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tritax Big Box REIT, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Tritax Big Box REIT wasn’t on the list.
While Tritax Big Box REIT currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Tritax Big Box REIT (LON:BBOX – Get Rating) was downgraded by equities researchers at Barclays to an “underweight” rating in a research report issued on Friday, MarketBeat.com reports. They currently have a GBX 155 ($1.87) price objective on the stock, down from their prior price objective of GBX 200 ($2.42). Barclays‘s price objective suggests a potential upside of 9.62% from the company’s previous close.
A number of other analysts have also recently commented on the stock. Berenberg Bank cut shares of Tritax Big Box REIT to a “hold” rating and dropped their target price for the company from GBX 275 ($3.32) to GBX 190 ($2.30) in a report on Wednesday, August 31st. Shore Capital restated a “sell” rating on shares of Tritax Big Box REIT in a research note on Wednesday, August 3rd. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Tritax Big Box REIT presently has an average rating of “Hold” and a consensus target price of GBX 231.40 ($2.80).
Tritax Big Box REIT Stock Down 4.5 %
Shares of Tritax Big Box REIT stock opened at GBX 141.40 ($1.71) on Friday. The company has a current ratio of 0.48, a quick ratio of 0.42 and a debt-to-equity ratio of 32.49. The company’s fifty day simple moving average is GBX 178.78 and its two-hundred day simple moving average is GBX 202.81. The company has a market cap of £2.64 billion and a P/E ratio of 245.34. Tritax Big Box REIT has a 12-month low of GBX 141.40 ($1.71) and a 12-month high of GBX 288 ($3.48).
About Tritax Big Box REIT
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 developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tritax Big Box REIT, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Tritax Big Box REIT wasn’t on the list.
While Tritax Big Box REIT currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.