Liberum Capital Reiterates Hold Rating for Big Yellow Group (LON:BYG)

Big Yellow Group (LON:BYG)‘s stock had its “hold” rating reaffirmed by equities researchers at Liberum Capital in a note issued to investors on Tuesday, November 21st. They presently have a GBX 800 ($10.77) price target on the stock. Liberum Capital’s price target points to a potential downside of 4.71% from the company’s current price.

A number of other brokerages have also recently issued reports on BYG. Goldman Sachs Group restated a “buy” rating and issued a GBX 946 ($12.73) price objective on shares of Big Yellow Group in a research note on Wednesday, September 27th. Peel Hunt increased their target price on shares of Big Yellow Group from GBX 700 ($9.42) to GBX 750 ($10.09) and gave the stock a “hold” rating in a research report on Tuesday, November 21st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Big Yellow Group currently has a consensus rating of “Hold” and an average price target of GBX 858 ($11.55).

Shares of Big Yellow Group (LON:BYG) traded down GBX 6 ($0.08) during trading on Tuesday, reaching GBX 839.50 ($11.30). 511,338 shares of the company’s stock were exchanged, compared to its average volume of 281,800. Big Yellow Group has a 12-month low of GBX 631.50 ($8.50) and a 12-month high of GBX 851 ($11.45).

In other Big Yellow Group news, insider Richard Cotton bought 5,000 shares of Big Yellow Group stock in a transaction dated Tuesday, October 3rd. The shares were bought at an average price of GBX 773 ($10.40) per share, with a total value of £38,650 ($52,018.84).

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Big Yellow Group Company Profile

Big Yellow Group PLC is a United Kingdom-based company, which is engaged in the provision of self-storage and related services. The Company operates from a platform of approximately 89 stores, including 16 stores branded as Armadillo Self Storage. The Company also owns over seven Big Yellow self-storage development sites (including two extensions sites), of which two have planning consent.

Analyst Recommendations for Big Yellow Group (LON:BYG)

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