Big Yellow Group (LON:BYG) Given “Buy” Rating at Jefferies Financial Group

Big Yellow Group (LON:BYG)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a research note issued on Monday,Digital Look reports. They currently have a GBX 1,138 price objective on the stock. Jefferies Financial Group’s target price suggests a potential upside of 32.17% from the stock’s previous close.

Other analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft lowered their price objective on 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. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,323 price objective on shares of Big Yellow Group in a research report on Tuesday, May 19th. The Goldman Sachs Group lowered Big Yellow Group to a “sell” rating and lowered their price objective for the stock from GBX 1,140 to GBX 860 in a research report on Monday, March 30th. Finally, JPMorgan Chase & Co. lowered their price objective on 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, June 9th. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,186.57.

Big Yellow Group Stock Performance

Big Yellow Group stock opened at GBX 861 on Monday. The stock has a 50-day simple moving average of GBX 864.88 and a 200 day simple moving average of GBX 958.29. The company has a quick ratio of 0.29, a current ratio of 0.31 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. The stock has a market capitalization of £1.69 billion, a price-to-earnings ratio of 13.58, a P/E/G ratio of 2.40 and a beta of 0.93.

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

Insider Activity

In related news, insider Michael O’Donnell bought 4,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was bought 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 business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of GBX 913, for a total value of £499,694.03. Insiders have bought a total of 58,731 shares of company stock valued at $51,050,282 over the last 90 days. Corporate insiders own 12.98% of the company’s stock.

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.