Big Yellow Group plc Given Buy Rating at Liberum Capital (BYG)
Big Yellow Group plc (LON:BYG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Monday. They currently have a GBX 565 ($9.62) target price on the stock. Liberum Capital’s price objective points to a potential upside of 16.04% from the company’s current price.
Shares of Big Yellow Group plc (LON:BYG) traded up 2.03% during mid-day trading on Monday, hitting GBX 496.80. 34,854 shares of the company’s stock traded hands. Big Yellow Group plc has a one year low of GBX 375.00 and a one year high of GBX 576.00. The stock’s 50-day moving average is GBX 497.5 and its 200-day moving average is GBX 511.3. The company’s market cap is £696.2 million.
The company also recently announced a dividend, which is scheduled for Thursday, July 24th. Shareholders of record on Wednesday, June 11th will be paid a dividend of GBX 8.40 ($0.14) per share. This represents a dividend yield of 1.66%. The ex-dividend date is Wednesday, June 11th.
A number of other analysts have also recently weighed in on BYG. Analysts at Jefferies Group reiterated a “buy” rating on shares of Big Yellow Group plc in a research note on Monday. They now have a GBX 597 ($10.17) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Big Yellow Group plc in a research note on Monday, June 2nd. They now have a GBX 570 ($9.71) price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 544.29 ($9.27).
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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