Big Yellow Group Plc (LON:BYG) Receives GBX 1,227.17 Average PT from Brokerages

Big Yellow Group Plc (LON:BYG) has earned an average rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 1,200.50.

BYG has been the subject of several research reports. The Goldman Sachs Group lowered shares of Big Yellow Group to a “sell” rating and cut their target price for the stock from GBX 1,140 to GBX 860 in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft cut 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 research report on Wednesday. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,323 target price on shares of Big Yellow Group in a research report on Tuesday, May 19th. Finally, Jefferies Financial Group upgraded shares of Big Yellow Group to a “buy” rating and upped their target price for the stock from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th.

Insider Buying and Selling at Big Yellow Group

In related news, insider Nicholas Vetch sold 54,731 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of GBX 913, for a total value of £499,694.03. Also, insider Michael O’Donnell bought 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average price of GBX 827 per share, with a total value of £33,080. Insiders purchased 58,731 shares of company stock valued at $51,050,282 over the last quarter. 12.87% of the stock is owned by company insiders.

Big Yellow Group Trading Up 0.2%

Shares of BYG opened at GBX 827.33 on Tuesday. The firm’s 50 day simple moving average is GBX 882.54 and its 200 day simple moving average is GBX 989.43. The company has a market capitalization of £1.62 billion, a P/E ratio of 12.50, a P/E/G ratio of 2.40 and a beta of 0.96. The company has a debt-to-equity ratio of 19.31, a current ratio of 0.31 and a quick ratio of 0.29. Big Yellow Group has a 1-year low of GBX 800.50 and a 1-year 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 earnings per share for the quarter. The business had revenue of £209.08 million for the quarter. Big Yellow Group had a net margin of 59.74% and a return on equity of 4.81%. Sell-side analysts forecast 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.