Big Yellow Group Plc (LON:BYG) Given Average Rating of “Moderate Buy” by Analysts

Big Yellow Group Plc (LON:BYG) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 1,227.17.

A number of equities research analysts have commented on the company. The Goldman Sachs Group cut Big Yellow Group to a “sell” rating and reduced their price objective for the company from GBX 1,140 to GBX 860 in a research note on Monday, March 30th. Jefferies Financial Group raised Big Yellow Group to a “buy” rating and raised their price objective for the company from GBX 1,200 to GBX 1,225 in a research note on Monday, January 26th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,383 price objective on shares of Big Yellow Group in a research note on Tuesday, January 20th.

Big Yellow Group Trading Down 0.9%

Shares of Big Yellow Group stock opened at GBX 903 on Friday. The company has a debt-to-equity ratio of 17.84, a quick ratio of 0.29 and a current ratio of 0.26. Big Yellow Group has a 52 week low of GBX 835 and a 52 week high of GBX 1,208. The stock has a 50 day moving average price of GBX 935.23 and a two-hundred day moving average price of GBX 1,020.86. The stock has a market capitalization of £1.77 billion, a PE ratio of 13.64, a price-to-earnings-growth ratio of 2.40 and a beta of 0.96.

Insider Buying and Selling

In related news, insider Nicholas Vetch bought 32,915 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were bought at an average price of GBX 846 per share, with a total value of £278,460.90. Company insiders own 12.87% of the company’s stock.

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.