Big Yellow Group (LON:BYG) Cut to Hold at Jefferies Financial Group

Jefferies Financial Group lowered shares of Big Yellow Group (LON:BYG) to a hold rating in a research note issued to investors on Tuesday morning, Marketbeat reports. The firm currently has GBX 1,191 price objective on the stock, up from their prior price objective of GBX 1,092.

Several other equities analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Big Yellow Group to a “buy” rating and reduced their target price for the stock from GBX 1,300 to GBX 1,200 in a research report on Friday, August 1st. Peel Hunt reissued an “add” rating and set a GBX 1,310 price objective on shares of Big Yellow Group in a report on Monday, October 20th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 1,233.67.

Big Yellow Group Stock Down 0.5%

BYG opened at GBX 1,130 on Tuesday. The firm has a market capitalization of £2.21 billion, a P/E ratio of 10.99, a price-to-earnings-growth ratio of 2.40 and a beta of 0.72. Big Yellow Group has a one year low of GBX 829 and a one year high of GBX 1,244. The company has a fifty day moving average price of GBX 999.70 and a 200-day moving average price of GBX 979.23. The company has a debt-to-equity ratio of 16.68, a current ratio of 0.36 and a quick ratio of 0.29.

About Big Yellow Group

Big Yellow is the UK’s brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.