Big Yellow Group Plc (LON:BYG) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Big Yellow Group Plc (LON:BYG) have received an average recommendation of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 1,186.57.

BYG has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Big Yellow Group from GBX 1,200 to GBX 1,100 and set a “buy” rating on the stock in a research note on Wednesday, May 20th. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,138 price objective on shares of Big Yellow Group in a research report on Monday, June 15th. JPMorgan Chase & Co. reduced their price objective on Big Yellow Group from GBX 1,250 to GBX 1,190 and set an “overweight” rating on the stock in a report on Tuesday, June 9th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,323 price objective on shares of Big Yellow Group in a research report on Tuesday, May 19th.

Insider Activity

In other news, insider Michael O’Donnell purchased 4,000 shares of the business’s 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. 12.98% of the stock is owned by company insiders.

Big Yellow Group Stock Up 0.1%

Shares of LON:BYG opened at GBX 887.79 on Friday. Big Yellow Group has a 12 month low of GBX 800.50 and a 12 month high of GBX 1,208. The company’s 50-day moving average price is GBX 866.76 and its two-hundred day moving average price is GBX 920.66. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 19.31. The firm has a market cap of £1.74 billion, a P/E ratio of 14.00, a P/E/G ratio of 2.40 and a beta of 0.93.

Big Yellow Group (LON:BYG) last announced its earnings results on Monday, May 18th. The company reported GBX 63.80 earnings per share for the quarter. Big Yellow Group had a net margin of 59.74% and a return on equity of 4.81%. The company had revenue of £209.08 million during the quarter. As a group, research analysts forecast that Big Yellow Group will post 57.4799434 EPS 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.