Big Yellow Group Plc (LON:BYG) Receives GBX 1,199 Average PT from Brokerages

Shares of Big Yellow Group Plc (LON:BYG) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 1,186.57.

Several equities analysts have issued reports on the stock. The Goldman Sachs Group downgraded shares of Big Yellow Group to a “sell” rating and decreased their price objective for the company from GBX 1,140 to GBX 860 in a report on Monday, March 30th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,323 price objective on shares of Big Yellow Group in a report on Tuesday, May 19th. JPMorgan Chase & Co. decreased their price objective on shares of 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. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Big Yellow Group from GBX 1,200 to GBX 1,100 and set a “buy” rating on the stock in a report on Wednesday, May 20th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,138 price objective on shares of Big Yellow Group in a report on Monday, June 15th.

Big Yellow Group Stock Performance

Shares of LON BYG opened at GBX 855 on Friday. The company has a debt-to-equity ratio of 19.31, a quick ratio of 0.29 and a current ratio of 0.31. The company has a market capitalization of £1.68 billion, a PE ratio of 13.49, a price-to-earnings-growth ratio of 2.40 and a beta of 0.93. Big Yellow Group has a 1 year low of GBX 800.50 and a 1 year high of GBX 1,208. The company’s fifty day moving average price is GBX 864.59 and its 200 day moving average price is GBX 951.65.

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

Insider Buying and Selling at Big Yellow Group

In other Big Yellow Group news, insider Nicholas Vetch bought 32,915 shares of Big Yellow Group stock in a transaction dated Monday, March 23rd. The stock was acquired at an average cost of GBX 846 per share, for a total transaction of £278,460.90. Also, insider Michael O’Donnell purchased 4,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of GBX 827 per share, for a total transaction of £33,080. Company insiders own 12.98% of the company’s stock.

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.