Big Yellow Group Plc (LON:BYG) Receives Average Recommendation of “Moderate Buy” from Analysts

Big Yellow Group Plc (LON:BYG) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 1,186.57.

A number of brokerages recently issued reports on BYG. JPMorgan Chase & Co. dropped their price objective on shares of Big Yellow Group from GBX 1,250 to GBX 1,190 and set an “overweight” rating for the company in a report on Tuesday, June 9th. The Goldman Sachs Group downgraded shares of Big Yellow Group to a “sell” rating and reduced their target price for the stock from GBX 1,140 to GBX 860 in a research note on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,138 price objective on shares of Big Yellow Group in a report on Monday, June 15th. Deutsche Bank Aktiengesellschaft cut their target price on Big Yellow Group from GBX 1,200 to GBX 1,100 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,323 price target on shares of Big Yellow Group in a research note on Tuesday, May 19th.

Big Yellow Group Trading Down 0.7%

Shares of Big Yellow Group stock opened at GBX 875.50 on Wednesday. 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 simple moving average is GBX 862.54 and its 200-day simple moving average is GBX 939.53. The stock has a market cap of £1.72 billion, a P/E ratio of 13.81, a P/E/G ratio of 2.40 and a beta of 0.93. Big Yellow Group has a 1-year low of GBX 800.50 and a 1-year high of GBX 1,208.

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

Insiders Place Their Bets

In related news, insider Michael O’Donnell bought 4,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was bought at an average price of GBX 827 per share, with a total value of £33,080. 12.98% of the stock is currently owned by company insiders.

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.