Tritax Big Box REIT (BBOX) Price Target Increased to GBX 167 by Analysts at Jefferies Group

Tritax Big Box REIT (LON:BBOX) had its price objective lifted by Jefferies Group from GBX 165 ($2.24) to GBX 167 ($2.26) in a report issued on Friday. The brokerage currently has a buy rating on the stock.

Separately, Liberum Capital reissued a hold rating and set a GBX 135 ($1.83) price target on shares of Tritax Big Box REIT in a research report on Monday, November 20th.

Shares of Tritax Big Box REIT (LON BBOX) traded up GBX 148.01 ($2.01) on Friday, reaching GBX 149.50 ($2.03). 2,301,533 shares of the company’s stock traded hands, compared to its average volume of 1,950,000. The stock has a market cap of $2,040.00 and a PE ratio of 1,359.09. Tritax Big Box REIT has a fifty-two week low of GBX 104.70 ($1.42) and a fifty-two week high of GBX 151.40 ($2.05).

In other news, insider Aubrey Adams purchased 100,000 shares of the company’s stock in a transaction on Thursday, December 7th. The stock was acquired at an average price of GBX 144 ($1.95) per share, with a total value 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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