Tritax Big Box REIT (BBOX) Given Hold Rating at Liberum Capital

Liberum Capital restated their hold rating on shares of Tritax Big Box REIT (LON:BBOX) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.

A number of other brokerages also recently weighed in on BBOX. Numis Securities reaffirmed a hold rating and issued a GBX 149 ($1.95) target price on shares of Tritax Big Box REIT in a research note on Wednesday, March 6th. Barclays dropped their target price on shares of 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 note on Friday, February 15th. Finally, Royal Bank of Canada started coverage on shares of Tritax Big Box REIT in a research note on Tuesday, February 12th. They set an outperform rating and a GBX 190 ($2.48) price target for the company.

Shares of LON BBOX opened at GBX 149 ($1.95) on Thursday. Tritax Big Box REIT has a 1-year low of GBX 1.35 ($0.02) and a 1-year high of GBX 158 ($2.06).

The firm also recently declared a dividend, which will be paid on Monday, June 17th. Investors of record on Thursday, May 23rd will be paid a dividend of GBX 1.71 ($0.02) per share. This represents a dividend yield of 1.15%. This is an increase from Tritax Big Box REIT’s previous dividend of $1.68. The ex-dividend date is Thursday, May 23rd.

In other Tritax Big Box REIT news, insider Alastair Hughes purchased 35,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The stock was acquired at an average cost of GBX 143 ($1.87) per share, with a total value 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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