Tritax Big Box REIT (LON:BBOX) Stock Rating Reaffirmed by Numis Securities

Tritax Big Box REIT (LON:BBOX)‘s stock had its “hold” rating reiterated by equities research analysts at Numis Securities in a report issued on Thursday, March 15th. They currently have a GBX 150 ($2.11) price objective on the stock. Numis Securities’ target price indicates a potential upside of 1.69% from the company’s previous close.

Other research analysts have also issued research reports about the company. Jefferies Group reaffirmed a “buy” rating and set a GBX 165 ($2.32) price objective on shares of Tritax Big Box REIT in a report on Friday, November 24th. Liberum Capital upped their price objective on Tritax Big Box REIT from GBX 150 ($2.11) to GBX 152 ($2.13) and gave the stock a “hold” rating in a report on Thursday, March 15th.

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BBOX stock traded up GBX 146.03 ($2.05) on Thursday, reaching GBX 147.50 ($2.07). 2,229,100 shares of the company’s stock were exchanged, compared to its average volume of 3,120,000. Tritax Big Box REIT has a twelve month low of GBX 104.70 ($1.47) and a twelve month high of GBX 151.40 ($2.13).

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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 pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq.

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