Analysts Set Big Yellow Group plc (LON:BYG) Price Target at GBX 1,041.75

Shares of Big Yellow Group plc (LON:BYG) have been given a consensus recommendation of “Hold” by the eight analysts that are presently covering the company, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 1,071.17 ($14.00).

Several analysts have recently weighed in on BYG shares. Goldman Sachs Group restated a “neutral” rating on shares of Big Yellow Group in a research report on Thursday, August 8th. Morgan Stanley raised their price objective on shares of Big Yellow Group from GBX 1,025 ($13.39) to GBX 1,075 ($14.05) and gave the company an “equal weight” rating in a research report on Monday, September 2nd. HSBC cut shares of Big Yellow Group to a “hold” rating in a research report on Friday, September 27th. Peel Hunt restated a “hold” rating and set a GBX 1,160 ($15.16) price objective (up previously from GBX 1,000 ($13.07)) on shares of Big Yellow Group in a research report on Tuesday. Finally, Liberum Capital restated a “hold” rating and set a GBX 1,100 ($14.37) price objective on shares of Big Yellow Group in a research report on Tuesday.

LON BYG traded down GBX 3 ($0.04) on Friday, hitting GBX 1,101 ($14.39). The stock had a trading volume of 239,410 shares, compared to its average volume of 265,567. Big Yellow Group has a 52-week low of GBX 846 ($11.05) and a 52-week high of GBX 1,168 ($15.26). The company has a debt-to-equity ratio of 31.56, a quick ratio of 0.52 and a current ratio of 0.84. The company has a market capitalization of $1.84 billion and a price-to-earnings ratio of 14.12. The firm has a 50-day moving average of GBX 1,127.38 and a 200-day moving average of GBX 1,047.65.

The business also recently disclosed a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 17.10 ($0.22) per share. The ex-dividend date is Thursday, December 5th. This represents a dividend yield of 1.49%. This is a boost from Big Yellow Group’s previous dividend of $16.50. Big Yellow Group’s dividend payout ratio (DPR) is 0.42%.

In other news, insider Nicholas Vetch sold 411,660 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of GBX 1,068 ($13.96), for a total transaction of £4,396,528.80 ($5,744,843.59).

Big Yellow Group Company Profile

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 97 stores, including 22 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further eleven Big Yellow self storage development sites (including two extension sites), of which two have planning consent.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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