Big Yellow Group Plc (LON:BYG) Given Consensus Rating of “Moderate Buy” by Analysts

Big Yellow Group Plc (LON:BYG) has been assigned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 1,186.57.

BYG has been the subject of a number of research analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 1,323 price objective on shares of Big Yellow Group in a research report on Tuesday, May 19th. JPMorgan Chase & Co. cut their target price on shares of Big Yellow Group from GBX 1,250 to GBX 1,190 and set an “overweight” rating for the company in a research note on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Big Yellow Group from GBX 1,200 to GBX 1,100 and set a “buy” rating for the company in a research report on Wednesday, May 20th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,138 price objective on shares of Big Yellow Group in a report on Monday, June 15th. Finally, The Goldman Sachs Group lowered Big Yellow Group to a “sell” rating and cut their price objective for the stock from GBX 1,140 to GBX 860 in a research note on Monday, March 30th.

Big Yellow Group Stock Performance

Shares of BYG stock opened at GBX 875.50 on Wednesday. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 19.31. Big Yellow Group has a 12-month low of GBX 800.50 and a 12-month high of GBX 1,208. The business’s 50 day moving average is GBX 862.54 and its two-hundred day moving average is GBX 939.53. The company has a market capitalization of £1.72 billion, a P/E ratio of 13.81, a P/E/G ratio of 2.40 and a beta of 0.93.

Big Yellow Group (LON:BYG) last announced its earnings results on Monday, May 18th. The company reported GBX 63.80 earnings per share for the quarter. Big Yellow Group had a return on equity of 4.81% and a net margin of 59.74%.The business had revenue of £209.08 million during the quarter. Analysts expect that Big Yellow Group will post 57.4799434 EPS for the current fiscal year.

Insider Activity at Big Yellow Group

In other news, insider Michael O’Donnell purchased 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased at an average cost of GBX 827 per share, for a total transaction of £33,080. Insiders own 12.98% of the company’s stock.

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.