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

Liberum Capital reissued their buy rating on shares of Big Yellow Group (LON:BYG) in a research note released on Tuesday morning, Marketbeat.com reports. They currently have a GBX 1,385 target price on the stock.

A number of other research analysts also recently issued reports on BYG. Deutsche Bank Aktiengesellschaft upgraded Big Yellow Group to a “buy” rating and decreased their price objective for the stock from GBX 1,300 to GBX 1,200 in a report on Friday, August 1st. Jefferies Financial Group cut shares of 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 report on Tuesday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Big Yellow Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,271.50.

Big Yellow Group Price Performance

Shares of BYG stock opened at GBX 1,096 on Tuesday. Big Yellow Group has a 12-month low of GBX 829 and a 12-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 firm has a fifty day moving average of GBX 1,049.34 and a 200-day moving average of GBX 992.06. The company has a market capitalization of £2.15 billion, a price-to-earnings ratio of 10.66, a P/E/G ratio of 2.40 and a beta of 0.72.

Big Yellow Group (LON:BYG) last announced its earnings results on Monday, November 17th. The company reported GBX 30 earnings per share 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 predict that Big Yellow Group will post 57.4799434 earnings per share for the current fiscal year.

Big Yellow Group Company Profile

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.