Brokerages Set Big Yellow Group Plc (LON:BYG) Target Price at GBX 1,186.57

Big Yellow Group Plc (LON:BYG) has been assigned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, 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 target price among analysts that have issued a report on the stock in the last year is GBX 1,186.57.

BYG has been the topic of a number of recent research reports. 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. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,138 target price on shares of Big Yellow Group in a report on Monday, June 15th. JPMorgan Chase & Co. cut their target price on Big Yellow Group from GBX 1,250 to GBX 1,190 and set an “overweight” rating for the company in a research report on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on 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.

Insider Activity

In related news, insider Michael O’Donnell acquired 4,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was bought at an average cost of GBX 827 per share, with a total value of £33,080. Insiders own 12.98% of the company’s stock.

Big Yellow Group Price Performance

LON:BYG opened at GBX 900 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 50-day moving average of GBX 873.87 and a 200-day moving average of GBX 915.40. Big Yellow Group has a 52 week low of GBX 800.50 and a 52 week high of GBX 1,208. The company has a market capitalization of £1.76 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 2.40 and a beta of 0.93.

Big Yellow Group (LON:BYG) last posted 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 business had revenue of £209.08 million for the quarter. As a group, equities research analysts anticipate that Big Yellow Group will post 57.4799434 earnings per share 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.