Big Yellow Group (LON:BYG) Earns Buy Rating from Berenberg Bank

Big Yellow Group (LON:BYG)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a report released on Tuesday, Marketbeat.com reports. They presently have a GBX 1,383 price objective on the stock. Berenberg Bank’s price target suggests a potential upside of 32.98% from the company’s current price.

Several other equities research analysts also recently weighed in on the stock. Liberum Capital reiterated a “buy” rating and set a GBX 1,385 target price on shares of Big Yellow Group in a research note on Tuesday, November 18th. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,310 price objective on shares of Big Yellow Group in a research note on Tuesday, November 18th. Finally, Jefferies Financial Group cut Big Yellow Group to a “hold” rating and increased their price objective for the stock from GBX 1,092 to GBX 1,191 in a research report on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Big Yellow Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,293.80.

Big Yellow Group Price Performance

Big Yellow Group stock opened at GBX 1,040 on Tuesday. The company has a market capitalization of £2.04 billion, a P/E ratio of 15.71, a PEG ratio of 2.40 and a beta of 0.72. The company has a debt-to-equity ratio of 16.68, a quick ratio of 0.29 and a current ratio of 0.36. Big Yellow Group has a fifty-two week low of GBX 829 and a fifty-two week high of GBX 1,208. The stock has a 50-day simple moving average of GBX 1,053.39 and a 200-day simple moving average of GBX 1,009.18.

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