Shares of Big Yellow Group plc (LON:BYG) have earned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 878 ($12.31).
Several equities research analysts recently issued reports on BYG shares. Peel Hunt lifted their price target on shares of Big Yellow Group from GBX 700 ($9.81) to GBX 750 ($10.52) and gave the stock a “hold” rating in a research note on Tuesday, November 21st. Liberum Capital reissued a “hold” rating and issued a GBX 800 ($11.22) target price on shares of Big Yellow Group in a research report on Tuesday, November 21st. Jefferies Group reissued a “hold” rating and issued a GBX 795 ($11.15) target price on shares of Big Yellow Group in a research report on Wednesday, November 22nd. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 880 ($12.34) target price on shares of Big Yellow Group in a research report on Wednesday, November 22nd. Finally, Numis Securities raised shares of Big Yellow Group to an “add” rating and set a GBX 885 ($12.41) target price for the company in a research report on Wednesday, November 22nd.
In other news, insider Nicholas Vetch sold 120,000 shares of Big Yellow Group stock in a transaction dated Friday, December 8th. The shares were sold at an average price of GBX 841 ($11.79), for a total value of £1,009,200 ($1,415,030.85).
Big Yellow Group (LON:BYG) traded down GBX 15 ($0.21) during trading on Friday, reaching GBX 832 ($11.67). 588,610 shares of the company traded hands, compared to its average volume of 277,525. Big Yellow Group has a 12-month low of GBX 666 ($9.34) and a 12-month high of GBX 888.50 ($12.46). The stock has a market cap of $1,320.00 and a P/E ratio of 1,094.74.
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About Big Yellow Group
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.
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