Tritax Big Box REIT (BBOX) Receives Hold Rating from Numis Securities

Tritax Big Box REIT (LON:BBOX)‘s stock had its “hold” rating reiterated by equities researchers at Numis Securities in a report issued on Thursday, Digital Look reports. They currently have a GBX 143 ($1.87) price target on the stock, down from their prior price target of GBX 153 ($2.00).

Several other brokerages also recently commented on BBOX. Liberum Capital reissued a “hold” rating on shares of Tritax Big Box REIT in a report on Tuesday, March 12th. Barclays dropped their price objective on Tritax Big Box REIT from GBX 160 ($2.09) to GBX 150 ($1.96) and set an “equal weight” rating for the company in a research report on Friday, February 15th. Finally, Royal Bank of Canada started coverage on Tritax Big Box REIT in a research report on Tuesday, February 12th. They set an “outperform” rating and a GBX 190 ($2.48) price objective for the company.

Tritax Big Box REIT has a 12 month low of GBX 1.35 ($0.02) and a 12 month high of GBX 158 ($2.06).

In other news, insider Alastair Hughes purchased 35,000 shares of the stock in a transaction dated Tuesday, March 12th. The shares were acquired at an average cost of GBX 143 ($1.87) per share, for a total transaction of £50,050 ($65,399.19).

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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