Big Yellow Group (LON:BYG) Earns Underperform Rating from Royal Bank of Canada

Big Yellow Group (LON:BYGGet Rating)‘s stock had its “underperform” rating reiterated by equities researchers at Royal Bank of Canada in a research report issued on Friday, Digital Look reports. They presently have a GBX 1,375 ($16.95) price objective on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 11.52% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Liberum Capital reiterated a “buy” rating and issued a GBX 1,720 ($21.21) target price on shares of Big Yellow Group in a research note on Monday, February 28th. Berenberg Bank lifted their target price on shares of Big Yellow Group from GBX 1,140 ($14.05) to GBX 1,500 ($18.49) and gave the stock a “hold” rating in a research note on Monday, March 21st. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Big Yellow Group in a research note on Monday, March 14th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Big Yellow Group has a consensus rating of “Hold” and an average price target of GBX 1,586.25 ($19.56).

LON:BYG opened at GBX 1,233 ($15.20) on Friday. Big Yellow Group has a fifty-two week low of GBX 1,191 ($14.68) and a fifty-two week high of GBX 1,760 ($21.70). The stock has a market capitalization of £2.27 billion and a P/E ratio of 4.78. The company has a debt-to-equity ratio of 24.06, a quick ratio of 0.30 and a current ratio of 0.38. The company’s 50-day simple moving average is GBX 1,453.09 and its 200-day simple moving average is GBX 1,514.02.

Big Yellow Group Company Profile (Get Rating)

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 103 stores, including 25 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further 11 Big Yellow self storage development sites, of which eight have planning consent.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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