Tritax Big Box REIT (BBOX) Price Target Raised to GBX 150 at Liberum Capital

Tritax Big Box REIT (LON:BBOX) had its target price boosted by Liberum Capital from GBX 135 ($1.83) to GBX 150 ($2.03) in a report released on Monday morning. Liberum Capital currently has a hold rating on the stock.

Separately, Jefferies Group restated a buy rating and set a GBX 165 ($2.24) price objective on shares of Tritax Big Box REIT in a research report on Friday, November 24th.

Shares of Tritax Big Box REIT (LON BBOX) opened at GBX 149.20 ($2.02) on Monday. The firm has a market cap of $2,040.00 and a price-to-earnings ratio of 1,356.36. 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 bought 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were bought 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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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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