Big Yellow Group Stock Rating Upgraded by Liberum Capital (BYG)
Big Yellow Group (LON:BYG) was upgraded by stock analysts at Liberum Capital to a “buy” rating in a report issued on Friday, American Banking and Market News reports. The firm currently has a GBX 560 ($9.23) price target on the stock, up from their previous price target of GBX 496 ($8.17). Liberum Capital’s target price indicates a potential upside of 10.13% from the stock’s previous close.
BYG has been the subject of a number of other recent research reports. Analysts at Goldman Sachs Group Inc. upgraded shares of Big Yellow Group to a “conviction-buy” rating in a research note to investors on Monday. They now have a GBX 598 ($9.85) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Big Yellow Group in a research note to investors on Friday, January 24th. They now have a GBX 540 ($8.90) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Big Yellow Group from GBX 475 ($7.83) to GBX 535 ($8.82) in a research note to investors on Wednesday, January 15th. They now have an “overweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 492.90 ($8.12).
Big Yellow Group (LON:BYG) opened at 517.00 on Friday. Big Yellow Group has a 52 week low of GBX 352.30 and a 52 week high of GBX 520.00. The stock’s 50-day moving average is GBX 483.4 and its 200-day moving average is GBX 455.7. The company’s market cap is £723.4 million.
Big Yellow Group PLC (LON:BYG) is engaged in the provision of self storage and related services.
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