Big Yellow Group (LON:BYG) Receives “Buy” Rating from Peel Hunt

Big Yellow Group (LON:BYG)‘s stock had its “buy” rating reissued by Peel Hunt in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They presently have a GBX 1,310 price target on the stock. Peel Hunt’s price objective indicates a potential upside of 19.53% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Big Yellow Group to a “buy” rating and reduced their price target for the stock from GBX 1,300 to GBX 1,200 in a research report on Friday, August 1st. Jefferies Financial Group lowered Big Yellow Group to a “hold” rating and increased their price objective for the company from GBX 1,092 to GBX 1,191 in a research note on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Big Yellow Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,271.50.

Big Yellow Group Price Performance

Big Yellow Group stock remained flat at GBX 1,096 during mid-day trading on Tuesday. 8,331,891 shares of the company’s stock traded hands, compared to its average volume of 973,600. The business has a 50 day moving average of GBX 1,045.76 and a 200 day moving average of GBX 991.55. The company has a current ratio of 0.36, a quick ratio of 0.29 and a debt-to-equity ratio of 16.68. Big Yellow Group has a 1-year low of GBX 829 and a 1-year high of GBX 1,208. The stock has a market cap of £2.15 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 2.40 and a beta of 0.72.

Big Yellow Group (LON:BYG) last announced its quarterly earnings data on Monday, November 17th. The company reported GBX 30 earnings per share (EPS) for the quarter. Big Yellow Group had a return on equity of 10.18% and a net margin of 120.15%. On average, equities research analysts expect that Big Yellow Group will post 57.4799434 earnings per share for the current fiscal year.

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.