Liberum Capital Reiterates a “Hold” Rating on Tritax Big Box Reit Plc (LON:BBOX) and GBX 150.00 Target; American Tower Has 1.2 Sentiment

January 9, 2018 - By rebbecca

American Tower Corporation is a real estate investment trust. The company has market cap of $60.90 billion. It invests in the real estate markets across the globe. It has a 53.98 P/E ratio.

London: In a report issued to investors and clients on 8 January, Liberum Capital restate their “Hold” rating on shares of Tritax Big Box Reit Plc (LON:BBOX). They currently have a GBX 150.00 price target on the firm. Liberum Capital’s target means a potential upside of 1.21% from the company’s current price.

Among 4 analysts covering Tritax Big Box Reit Plc (LON:BBOX), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Tritax Big Box Reit Plc has GBX 165 highest and GBX 135 lowest target. GBX 147.75’s average target is -1.70% below currents GBX 150.3 stock price. Tritax Big Box Reit Plc had 29 analyst reports since September 21, 2015 according to SRatingsIntel. The stock of Tritax Big Box REIT plc (LON:BBOX) has “Hold” rating given on Monday, November 20 by Liberum Capital. Jefferies maintained it with “Buy” rating and GBX 150 target in Thursday, August 11 report. Liberum Capital maintained the shares of BBOX in report on Wednesday, October 25 with “Hold” rating. Liberum Capital maintained the stock with “Hold” rating in Tuesday, October 11 report. Liberum Capital maintained the shares of BBOX in report on Friday, February 3 with “Hold” rating. The firm has “Buy” rating by Jefferies given on Monday, September 21. The company was maintained on Wednesday, November 18 by Jefferies. The stock of Tritax Big Box REIT plc (LON:BBOX) earned “Hold” rating by Liberum Capital on Tuesday, March 7. The firm earned “Hold” rating on Thursday, August 10 by Liberum Capital. Jefferies maintained the shares of BBOX in report on Friday, November 24 with “Buy” rating.

The stock increased 1.14% or GBX 1.7 during the last trading session, reaching GBX 150.3. About 767,503 shares traded or Infinity% up from the average. Tritax Big Box REIT plc (LON:BBOX) has 0.00% since January 9, 2017 and is . It has underperformed by 16.70% the S&P500.

Tritax Big Box REIT plc is the UK's only Real Estate Investment Trust dedicated to investing in very large Big Box logistics assets in the UK and is committed to delivering attractive and sustainable returns for shareholders. The company has market cap of 2.05 billion GBP. Investing in and actively managing modern standing assets, 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. ft. , let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. It has a 13.42 P/E ratio. The Firm seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes.

Investors sentiment decreased to 0.65 in 2017 Q3. Its down 0.14, from 0.79 in 2017Q2. It is negative, as 21 investors sold Tritax Big Box REIT plc shares while 28 reduced holdings. 7 funds opened positions while 25 raised stakes. 11.07 million shares or 15.87% less from 13.16 million shares in 2017Q2 were reported. Parametric Port Limited Liability Com invested in 74,335 shares or 0% of the stock. Meeder Asset Mngmt reported 0% in Tritax Big Box REIT plc (LON:BBOX). Northern Corp holds 65,406 shares or 0% of its portfolio. Bridgeway Capital Mgmt owns 199,884 shares. Lsv Asset Mgmt stated it has 84,772 shares. Panagora Asset Management Inc owns 1,000 shares. Invesco Limited accumulated 0% or 147,625 shares. Legal General Grp Inc Public Ltd stated it has 0% in Tritax Big Box REIT plc (LON:BBOX). Citadel Ltd Co owns 0% invested in Tritax Big Box REIT plc (LON:BBOX) for 16,929 shares. Gsa Cap Ptnrs Llp holds 0.04% of its portfolio in Tritax Big Box REIT plc (LON:BBOX) for 177,486 shares. Principal Grp Inc Inc stated it has 0% of its portfolio in Tritax Big Box REIT plc (LON:BBOX). Paradigm Incorporated Ny holds 658,600 shares. Bancorporation Of America Corporation De has 0% invested in Tritax Big Box REIT plc (LON:BBOX) for 161,602 shares. Vanguard Gru owns 800,810 shares or 0% of their US portfolio. Menta Ltd Com invested 0.07% in Tritax Big Box REIT plc (LON:BBOX).

The stock increased 1.07% or $1.5 during the last trading session, reaching $142.01. About 1.88 million shares traded. American Tower Corporation (AMT) has risen 23.66% since January 9, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.