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).
TRADEMARK VIOLATION NOTICE: “Liberum Capital Reiterates Hold Rating for Big Yellow Group (LON:BYG)” was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international copyright laws. The original version of this article can be viewed at https://www.thelincolnianonline.com/2017/12/07/big-yellow-group-plc-byg-receives-hold-rating-from-liberum-capital-updated-updated.html.
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.
Receive News & Ratings for Big Yellow Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Big Yellow Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.