Big Yellow Group (LON:BYG) Price Target Lowered to GBX 1,100 at Deutsche Bank Aktiengesellschaft

Big Yellow Group (LON:BYG) had its price target decreased by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 1,200 to GBX 1,100 in a research note issued to investors on Wednesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 34.47% from the stock’s current price.

A number of other brokerages also recently commented on BYG. Jefferies Financial Group raised shares of Big Yellow Group to a “buy” rating and increased their price target for the company from GBX 1,200 to GBX 1,225 in a report on Monday, January 26th. The Goldman Sachs Group cut Big Yellow Group to a “sell” rating and reduced their price objective for the stock from GBX 1,140 to GBX 860 in a research note on Monday, March 30th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,323 price objective on shares of Big Yellow Group in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,200.50.

Big Yellow Group Trading Up 0.7%

Shares of BYG opened at GBX 818 on Wednesday. The stock has a market capitalization of £1.60 billion, a PE ratio of 12.36, a P/E/G ratio of 2.40 and a beta of 1.12. The company’s fifty day moving average is GBX 888.57 and its 200 day moving average is GBX 994.70. The company has a debt-to-equity ratio of 19.31, a quick ratio of 0.29 and a current ratio of 0.31. Big Yellow Group has a fifty-two week low of GBX 800.50 and a fifty-two week high of GBX 1,208.

Big Yellow Group (LON:BYG) last released its quarterly earnings data on Monday, May 18th. The company reported GBX 63.80 EPS for the quarter. Big Yellow Group had a net margin of 59.74% and a return on equity of 4.81%. The business had revenue of £209.08 million during the quarter. Sell-side analysts expect that Big Yellow Group will post 57.4799434 earnings per share for the current fiscal year.

Insider Buying and Selling at Big Yellow Group

In other news, insider Michael O’Donnell bought 4,000 shares of Big Yellow Group stock in a transaction dated Tuesday, May 19th. The shares were acquired at an average price of GBX 827 per share, with a total value of £33,080. Also, insider Nicholas Vetch bought 32,915 shares of the stock in a transaction dated Monday, March 23rd. The stock was purchased at an average price of GBX 846 per share, with a total value of £278,460.90. In the last three months, insiders bought 58,731 shares of company stock worth $51,050,282. Insiders own 12.87% of the company’s stock.

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.