Big Yellow Group plc Stock Rating Reaffirmed by Jefferies Group (BYG)
Big Yellow Group plc (LON:BYG)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a report released on Wednesday. They currently have a GBX 597 ($10.04) price objective on the stock. Jefferies Group’s price target would suggest a potential upside of 18.57% from the company’s current price.
Shares of Big Yellow Group plc (LON:BYG) opened at 503.00 on Wednesday. Big Yellow Group plc has a 52 week low of GBX 362.00 and a 52 week high of GBX 576.00. The stock has a 50-day moving average of GBX 523.1 and a 200-day moving average of GBX 507.5. The company’s market cap is £703.8 million.
The company also recently declared a dividend, which is scheduled for Thursday, July 24th. Stockholders of record on Wednesday, June 11th will be given a dividend of GBX 8.40 ($0.14) per share. This represents a yield of 1.66%. The ex-dividend date of this dividend is Wednesday, June 11th.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Big Yellow Group plc in a research note on Tuesday. They now have a GBX 535 ($9.00) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Big Yellow Group plc in a research note on Tuesday. They now have a GBX 560 ($9.42) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Big Yellow Group plc in a research note on Monday, May 12th. They now have a GBX 560 ($9.42) price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 513.44 ($8.64).
Big Yellow Group PLC (LON:BYG) is a united Kingdome-based company engaged in the provision of self storage and related services.
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