Big Yellow Group’s (BYG) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Big Yellow Group (LON:BYG) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports. The firm currently has a GBX 1,383 target price on the stock.

BYG has been the subject of a number of other reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,310 price target on shares of Big Yellow Group in a research report on Tuesday, November 18th. Jefferies Financial Group lowered Big Yellow Group to a “hold” rating and raised their target price for the company from GBX 1,092 to GBX 1,191 in a research report on Tuesday, October 28th. Finally, Liberum Capital reiterated a “buy” rating and set a GBX 1,385 target price on shares of Big Yellow Group in a research note on Tuesday, November 18th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,293.80.

Big Yellow Group Stock Down 2.6%

BYG opened at GBX 1,040 on Tuesday. Big Yellow Group has a fifty-two week low of GBX 829 and a fifty-two week high of GBX 1,208. The firm has a market capitalization of £2.04 billion, a P/E ratio of 15.71, a PEG ratio of 2.40 and a beta of 0.72. The company’s 50-day moving average is GBX 1,054.75 and its 200 day moving average is GBX 1,008.97. The company has a debt-to-equity ratio of 16.68, a current ratio of 0.36 and a quick ratio of 0.29.

Big Yellow Group (LON:BYG) last issued its quarterly earnings data on Monday, November 17th. The company reported GBX 30 earnings per share (EPS) for the quarter. Big Yellow Group had a net margin of 120.15% and a return on equity of 10.18%. Research analysts expect that Big Yellow Group will post 57.4799434 earnings per share for the current fiscal year.

About Big Yellow Group

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.