Big Yellow Group plc (LON:BYG) has been assigned a consensus rating of “Hold” from the nine analysts that are covering the stock, Marketbeat reports. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 1,020.33 ($13.33).
A number of brokerages have recently weighed in on BYG. Goldman Sachs Group reiterated a “neutral” rating on shares of Big Yellow Group in a research report on Thursday, August 8th. Peel Hunt reiterated a “hold” rating on shares of Big Yellow Group in a research report on Friday, August 9th. Liberum Capital reiterated a “hold” rating on shares of Big Yellow Group in a research report on Friday, July 19th. JPMorgan Chase & Co. lifted their price objective on Big Yellow Group from GBX 950 ($12.41) to GBX 1,100 ($14.37) and gave the stock a “neutral” rating in a research report on Wednesday, June 5th. Finally, Numis Securities restated a “hold” rating and set a GBX 1,042 ($13.62) price target on shares of Big Yellow Group in a research report on Wednesday, May 22nd.
Shares of BYG stock traded down GBX 2 ($0.03) during trading hours on Wednesday, reaching GBX 956 ($12.49). The company’s stock had a trading volume of 238,183 shares, compared to its average volume of 265,567. The company has a market capitalization of $1.59 billion and a PE ratio of 12.26. Big Yellow Group has a one year low of GBX 834 ($10.90) and a one year high of GBX 1,077 ($14.07). The business’s fifty day moving average is GBX 1,003.69. The company has a debt-to-equity ratio of 31.56, a current ratio of 0.84 and a quick ratio of 0.52.
The company also recently declared a dividend, which was paid on Friday, July 26th. Investors of record on Thursday, June 20th were given a dividend of GBX 16.50 ($0.22) per share. The ex-dividend date was Thursday, June 20th. This represents a dividend yield of 1.56%. Big Yellow Group’s dividend payout ratio is presently 0.42%.
In other Big Yellow Group news, insider John Trotman sold 30,416 shares of Big Yellow Group stock in a transaction on Tuesday, July 23rd. The stock was sold at an average price of GBX 1,011 ($13.21), for a total transaction of £307,505.76 ($401,810.74). Also, insider Richard Cotton sold 3,763 shares of Big Yellow Group stock in a transaction on Friday, June 14th. The shares were sold at an average price of GBX 1,024 ($13.38), for a total value of £38,533.12 ($50,350.35).
Big Yellow Group Company Profile
Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 97 stores, including 22 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further eleven Big Yellow self storage development sites (including two extension sites), of which two have planning consent.
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