Big Yellow Group Plc (LON:BYG) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Big Yellow Group Plc (LON:BYG) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 1,199.

BYG has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft dropped 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, May 20th. JPMorgan Chase & Co. dropped their target price on shares of Big Yellow Group from GBX 1,250 to GBX 1,190 and set an “overweight” rating for the company in a research report on Tuesday. The Goldman Sachs Group cut shares of Big Yellow Group to a “sell” rating and dropped their target price for the company from GBX 1,140 to GBX 860 in a research report on Monday, March 30th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 1,323 price objective on shares of Big Yellow Group in a research report on Tuesday, May 19th.

Big Yellow Group Price Performance

Shares of LON:BYG opened at GBX 862.50 on Friday. The firm has a 50 day moving average of GBX 864.94 and a 200-day moving average of GBX 960.77. The stock has a market capitalization of £1.69 billion, a PE ratio of 13.60, a PEG ratio of 2.40 and a beta of 0.93. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 19.31. Big Yellow Group has a 12 month low of GBX 800.50 and a 12 month high of GBX 1,208.

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

Insider Buying and Selling

In related news, insider Michael O’Donnell acquired 4,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average cost of GBX 827 per share, for a total transaction of £33,080. Also, insider Nicholas Vetch sold 54,731 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of GBX 913, for a total transaction of £499,694.03. Over the last quarter, insiders have purchased 58,731 shares of company stock valued at $51,050,282. 12.98% of the stock is owned by corporate insiders.

Big Yellow Group Company Profile

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.