Big Yellow Group’s (BYG) Buy Rating Reaffirmed at Liberum Capital

Big Yellow Group (LON:BYG)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They currently have a GBX 1,385 target price on the stock. Liberum Capital’s target price would suggest a potential upside of 26.37% from the company’s previous close.

Other analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft upgraded Big Yellow Group to a “buy” rating and cut their target price for the stock from GBX 1,300 to GBX 1,200 in a research report on Friday, August 1st. Jefferies Financial Group downgraded Big Yellow Group to a “hold” rating and raised their price target for the stock from GBX 1,092 to GBX 1,191 in a research note on Tuesday, October 28th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 1,310 price objective on shares of Big Yellow Group in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Big Yellow Group has an average rating of “Moderate Buy” and a consensus target price of GBX 1,271.50.

Big Yellow Group Price Performance

Shares of LON:BYG remained flat at GBX 1,096 during trading on Tuesday. 8,331,891 shares of the stock traded hands, compared to its average volume of 973,600. The company has a 50-day moving average of GBX 1,045.76 and a 200 day moving average of GBX 991.55. Big Yellow Group has a twelve month low of GBX 829 and a twelve month high of GBX 1,208. The company has a quick ratio of 0.29, a current ratio of 0.36 and a debt-to-equity ratio of 16.68. The stock has a market capitalization of £2.15 billion, a PE ratio of 10.66, a P/E/G ratio of 2.40 and a beta of 0.72.

Big Yellow Group (LON:BYG) last posted its earnings results on Monday, November 17th. The company reported GBX 30 EPS for the quarter. Big Yellow Group had a net margin of 120.15% and a return on equity of 10.18%. As a group, equities research analysts anticipate that Big Yellow Group will post 57.4799434 EPS for the current year.

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.