Big Yellow Group Plc (LON:BYG) Receives Average Rating of “Moderate Buy” from Analysts

Big Yellow Group Plc (LON:BYG) has been given a consensus rating of “Moderate Buy” by the seven research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 1,199.

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Big Yellow Group from GBX 1,200 to GBX 1,100 and set a “buy” rating for the company in a report on Wednesday, May 20th. JPMorgan Chase & Co. reduced 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 report on Tuesday. Berenberg Bank reissued a “buy” rating and issued a GBX 1,323 price objective on shares of Big Yellow Group in a report on Tuesday, May 19th. Finally, The Goldman Sachs Group downgraded shares of Big Yellow Group to a “sell” rating and cut their price objective for the company from GBX 1,140 to GBX 860 in a report on Monday, March 30th.

Big Yellow Group Stock Performance

Shares of BYG stock opened at GBX 862.50 on Friday. The company has a market capitalization of £1.69 billion, a price-to-earnings ratio of 13.60, a PEG ratio of 2.40 and a beta of 0.93. The company has a debt-to-equity ratio of 19.31, a quick ratio of 0.29 and a current ratio of 0.31. The company has a 50-day simple moving average of GBX 864.94 and a 200 day simple moving average of GBX 960.77. Big Yellow Group has a 52 week low of GBX 800.50 and a 52 week high of GBX 1,208.

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

Insider Transactions at Big Yellow Group

In other Big Yellow Group news, insider Nicholas Vetch acquired 32,915 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was purchased at an average price of GBX 846 per share, with a total value of £278,460.90. Also, insider Michael O’Donnell acquired 4,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was acquired at an average cost of GBX 827 per share, with a total value of £33,080. Insiders acquired a total of 58,731 shares of company stock valued at $51,050,282 in the last three months. 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.