Big Yellow Group Plc (LON:BYG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Big Yellow Group Plc (LON:BYG) has earned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 1,227.17.

Several equities research analysts recently weighed in on BYG shares. Berenberg Bank restated a “buy” rating and set a GBX 1,383 price target on shares of Big Yellow Group in a research report on Tuesday, January 20th. The Goldman Sachs Group lowered Big Yellow Group to a “sell” rating and lowered their price objective for the company from GBX 1,140 to GBX 860 in a research report on Monday. Finally, Jefferies Financial Group upgraded shares of Big Yellow Group to a “buy” rating and boosted their target price for the company from GBX 1,200 to GBX 1,225 in a report on Monday, January 26th.

Insiders Place Their Bets

In other Big Yellow Group news, insider Nicholas Vetch acquired 32,915 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were acquired at an average price of GBX 846 per share, for a total transaction of £278,460.90. Company insiders own 12.87% of the company’s stock.

Big Yellow Group Stock Down 1.2%

BYG traded down GBX 10 on Monday, hitting GBX 855. The company had a trading volume of 894,751 shares, compared to its average volume of 2,100,650. The stock has a fifty day simple moving average of GBX 994.32 and a 200-day simple moving average of GBX 1,030.95. The company has a debt-to-equity ratio of 17.84, a current ratio of 0.26 and a quick ratio of 0.29. The firm has a market capitalization of £1.68 billion, a P/E ratio of 12.92, a P/E/G ratio of 2.40 and a beta of 0.88. Big Yellow Group has a 52-week low of GBX 829 and a 52-week high of GBX 1,208.

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.