Big Yellow Group’s (BYG) Buy Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Big Yellow Group (LON:BYG) in a research report report published on Monday,Digital Look reports. The firm currently has a GBX 1,138 price target on the stock.

Several other equities research analysts have also commented on the company. JPMorgan Chase & Co. cut their target price on Big Yellow Group from GBX 1,250 to GBX 1,190 and set an “overweight” rating on the stock in a research report on Tuesday, June 9th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,323 price target on shares of Big Yellow Group in a report on Tuesday, May 19th. The Goldman Sachs Group lowered Big Yellow Group to a “sell” rating and cut their price target for the stock from GBX 1,140 to GBX 860 in a report on Monday, March 30th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Big Yellow Group from GBX 1,200 to GBX 1,100 and set a “buy” rating on the stock in a report on Wednesday, May 20th. Six analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,186.57.

Big Yellow Group Stock Up 0.1%

Shares of Big Yellow Group stock opened at GBX 861 on Monday. Big Yellow Group has a one year low of GBX 800.50 and a one year high of GBX 1,208. The company has a debt-to-equity ratio of 19.31, a current ratio of 0.31 and a quick ratio of 0.29. The stock’s 50-day moving average is GBX 864.88 and its 200 day moving average is GBX 958.29. The firm has a market cap of £1.69 billion, a price-to-earnings ratio of 13.58, a PEG ratio of 2.40 and a beta of 0.93.

Big Yellow Group (LON:BYG) last announced its earnings results on Monday, May 18th. The company reported GBX 63.80 EPS for the quarter. Big Yellow Group had a return on equity of 4.81% and a net margin of 59.74%.The company had revenue of £209.08 million for the quarter. Equities research analysts anticipate that Big Yellow Group will post 57.4799434 EPS for the current year.

Insider Activity at Big Yellow Group

In other Big Yellow Group news, insider Nicholas Vetch sold 54,731 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of GBX 913, for a total value of £499,694.03. Also, insider Michael O’Donnell purchased 4,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was purchased at an average price of GBX 827 per share, for a total transaction of £33,080. In the last quarter, insiders acquired 58,731 shares of company stock worth $51,050,282. Corporate insiders own 12.98% of the company’s stock.

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.