Big Yellow Group (LON:BYG) Stock Rating Upgraded by Jefferies Financial Group

Big Yellow Group (LON:BYG) was upgraded by analysts at Jefferies Financial Group to a “buy” rating in a research report issued on Monday,Digital Look reports. The brokerage currently has a GBX 1,225 target price on the stock, up from their prior target price of GBX 1,200. Jefferies Financial Group’s price target suggests a potential upside of 17.56% from the stock’s current price.

BYG has been the subject of several other research reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,385 price objective on shares of Big Yellow Group in a report on Tuesday, November 18th. Berenberg Bank restated a “buy” rating and issued a GBX 1,383 price target on shares of Big Yellow Group in a research report on Tuesday, January 20th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 1,310 target price on shares of Big Yellow Group in a research note on Tuesday, November 18th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Big Yellow Group currently has a consensus rating of “Buy” and a consensus target price of GBX 1,300.60.

Big Yellow Group Stock Performance

Shares of BYG traded up GBX 4 on Monday, reaching GBX 1,042. 417,329 shares of the stock traded hands, compared to its average volume of 1,027,975. The firm has a market cap of £2.04 billion, a price-to-earnings ratio of 15.74, a P/E/G ratio of 2.40 and a beta of 0.72. Big Yellow Group has a 12 month low of GBX 829 and a 12 month high of GBX 1,208. The stock’s 50-day moving average price is GBX 1,051.46 and its 200-day moving average price is GBX 1,011.12. The company has a debt-to-equity ratio of 16.68, a current ratio of 0.36 and a quick ratio of 0.29.

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

Big Yellow Group Company Profile

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.