Big Yellow Group’s (BYG) “Overweight” Rating Reaffirmed at Barclays

Barclays reissued their overweight rating on shares of Big Yellow Group (LON:BYGGet Rating) in a report published on Tuesday, MarketBeat Ratings reports. They currently have a GBX 1,200 ($14.19) target price on the stock.

Big Yellow Group Price Performance

Shares of LON BYG opened at GBX 1,135 ($13.42) on Tuesday. Big Yellow Group has a 1-year low of GBX 938.50 ($11.10) and a 1-year high of GBX 1,760 ($20.81). The business has a 50-day moving average of GBX 1,105.44 and a 200-day moving average of GBX 1,242.97. The company has a debt-to-equity ratio of 23.04, a current ratio of 0.36 and a quick ratio of 0.33. The company has a market capitalization of £2.09 billion and a price-to-earnings ratio of 296.88.

Big Yellow Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, January 26th. Stockholders of record on Thursday, January 5th will be given a GBX 22.30 ($0.26) dividend. This is an increase from Big Yellow Group’s previous dividend of $21.40. The ex-dividend date of this dividend is Thursday, January 5th. This represents a dividend yield of 1.91%. Big Yellow Group’s dividend payout ratio is presently 9.79%.

Insider Transactions at Big Yellow Group

In other Big Yellow Group news, insider James Gibson purchased 22,222 shares of Big Yellow Group stock in a transaction that occurred on Tuesday, September 20th. The stock was purchased at an average price of GBX 1,125 ($13.30) per share, with a total value of £249,997.50 ($295,610.15). In other Big Yellow Group news, insider Nicholas Vetch purchased 22,000 shares of Big Yellow Group stock in a transaction that occurred on Thursday, September 22nd. The stock was purchased at an average price of GBX 1,134 ($13.41) per share, with a total value of £249,480 ($294,998.23). Also, insider James Gibson purchased 22,222 shares of Big Yellow Group stock in a transaction that occurred on Tuesday, September 20th. The stock was acquired at an average cost of GBX 1,125 ($13.30) per share, with a total value of £249,997.50 ($295,610.15). Insiders purchased 69,849 shares of company stock valued at $74,959,702 over the last quarter.

About Big Yellow Group

(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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