Numis Securities Ltd Reiterates “Add” Rating for Big Yellow Group plc (BYG)
Big Yellow Group plc (LON:BYG)‘s stock had its “add” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday. They currently have a GBX 570 ($9.71) price target on the stock. Numis Securities Ltd’s price target suggests a potential upside of 14.92% from the stock’s previous close.
Big Yellow Group plc (LON:BYG) opened at 497.80 on Tuesday. Big Yellow Group plc has a one year low of GBX 384.90 and a one year high of GBX 576.00. The stock’s 50-day moving average is GBX 495.9 and its 200-day moving average is GBX 511.8. The company’s market cap is £697.6 million.
The company also recently declared a dividend, which is scheduled for Thursday, July 24th. Shareholders 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.
BYG has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “buy” rating on shares of Big Yellow Group plc in a research note on Monday. They now have a GBX 565 ($9.62) price target on the stock. Separately, 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus 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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