Big Yellow Group (LON:BYG) Stock Rating Reaffirmed by Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Big Yellow Group (LON:BYG) in a report published on Tuesday morning, MarketBeat Ratings reports. Jefferies Financial Group currently has a GBX 1,359 ($17.27) price target on the stock.

Separately, Berenberg Bank increased their price objective on shares of Big Yellow Group from GBX 1,186 ($15.07) to GBX 1,285 ($16.33) and gave the company a hold rating in a report on Tuesday.

Big Yellow Group Stock Performance

BYG stock opened at GBX 1,244 ($15.81) on Tuesday. The company has a 50-day simple moving average of GBX 1,092.88 and a 200 day simple moving average of GBX 1,103.18. The company has a market capitalization of £2.44 billion, a P/E ratio of 1,231.68, a PEG ratio of 2.40 and a beta of 0.63. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 23.01. Big Yellow Group has a fifty-two week low of GBX 901 ($11.45) and a fifty-two week high of GBX 1,268 ($16.12).

Big Yellow Group Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, July 4th will be given a GBX 22.60 ($0.29) dividend. This represents a yield of 1.92%. The ex-dividend date of this dividend is Thursday, July 4th. Big Yellow Group’s dividend payout ratio (DPR) is presently 4,554.46%.

Big Yellow Group Company Profile

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 109 stores, including 24 stores branded as Armadillo Self Storage. We have a pipeline of 0.9 million sq ft comprising 13 proposed Big Yellow self storage facilities. The current maximum lettable area of the existing platform (including Armadillo) is 6.4 million sq ft.