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

Big Yellow Group Plc (LON:BYG) has been given a consensus recommendation of “Moderate Buy” by the seven analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 1,186.57.

A number of equities analysts have commented on the company. Berenberg Bank restated a “buy” rating and issued a GBX 1,323 target price on shares of Big Yellow Group in a research note on Tuesday, May 19th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,138 price target on shares of Big Yellow Group in a report on Monday, June 15th. JPMorgan Chase & Co. reduced 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. Finally, 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 note on Wednesday, May 20th.

Big Yellow Group Price Performance

BYG opened at GBX 885.50 on Thursday. The firm has a market cap of £1.74 billion, a price-to-earnings ratio of 13.97, a price-to-earnings-growth ratio of 2.40 and a beta of 0.92. Big Yellow Group has a fifty-two week low of GBX 800.50 and a fifty-two week high of GBX 1,208. The company’s 50-day moving average price is GBX 889.53 and its 200 day moving average price is GBX 901.64. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 19.31.

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.