Big Yellow Group (LON:BYG) Rating Reiterated by JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their neutral rating on shares of Big Yellow Group (LON:BYGGet Rating) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 1,600 ($19.60) target price on the stock.

Several other research firms have also recently commented on BYG. Berenberg Bank lifted their target price on shares of Big Yellow Group from GBX 1,140 ($13.96) to GBX 1,500 ($18.37) and gave the stock a hold rating in a research note on Monday, March 21st. Peel Hunt reaffirmed a reduce rating and issued a GBX 1,500 ($18.37) price objective on shares of Big Yellow Group in a research report on Tuesday, May 24th. Liberum Capital reiterated a buy rating and set a GBX 1,720 ($21.07) target price on shares of Big Yellow Group in a research report on Monday, February 28th. Finally, Royal Bank of Canada restated an underperform rating and issued a GBX 1,375 ($16.84) price target on shares of Big Yellow Group in a report on Friday, May 13th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Big Yellow Group currently has an average rating of Hold and a consensus target price of GBX 1,574.17 ($19.28).

Big Yellow Group stock opened at GBX 1,275 ($15.62) on Tuesday. The firm’s 50-day moving average is GBX 1,332.56 and its two-hundred day moving average is GBX 1,457.22. The company has a debt-to-equity ratio of 20.08, a current ratio of 0.32 and a quick ratio of 0.27. The stock has a market capitalization of £2.35 billion and a P/E ratio of 3.32. Big Yellow Group has a 12-month low of GBX 1,191 ($14.59) and a 12-month high of GBX 1,760 ($21.56).

The company also recently disclosed a dividend, which will be paid on Friday, July 29th. Stockholders of record on Thursday, July 7th will be issued a GBX 21.40 ($0.26) dividend. This represents a dividend yield of 1.66%. This is an increase from Big Yellow Group’s previous dividend of $20.60. The ex-dividend date is Thursday, July 7th. Big Yellow Group’s dividend payout ratio (DPR) is 0.10%.

Big Yellow Group Company Profile (Get Rating)

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 103 stores, including 25 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further 11 Big Yellow self storage development sites, of which eight have planning consent.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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