Big Yellow Group (BYG) Hits New 52-Week High at $844.00

Big Yellow Group Plc (LON:BYG) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 844 ($11.36) and last traded at GBX 844 ($11.36), with a volume of 262467 shares trading hands. The stock had previously closed at GBX 826 ($11.12).

Several research analysts have recently issued reports on BYG shares. Peel Hunt raised their target price on shares of Big Yellow Group from GBX 700 ($9.42) to GBX 750 ($10.09) and gave the company a “hold” rating in a research note on Tuesday, November 21st. J P Morgan Chase & Co raised their target price on shares of Big Yellow Group from GBX 880 ($11.84) to GBX 950 ($12.79) and gave the company an “overweight” rating in a research note on Wednesday, November 29th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 800 ($10.77) target price on shares of Big Yellow Group in a research note on Tuesday, November 21st. Jefferies Group reaffirmed a “hold” rating and issued a GBX 795 ($10.70) target price on shares of Big Yellow Group in a research note on Wednesday, November 22nd. Finally, Numis Securities raised shares of Big Yellow Group to an “add” rating and set a GBX 885 ($11.91) price objective on the stock in a research note on Wednesday, November 22nd. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 858 ($11.55).

The firm also recently disclosed a dividend, which will be paid on Friday, January 5th. Stockholders of record on Thursday, December 7th will be issued a GBX 15.30 ($0.21) dividend. The ex-dividend date is Thursday, December 7th. This is an increase from Big Yellow Group’s previous dividend of $14.10. This represents a dividend yield of 1.83%.

In other Big Yellow Group news, insider Richard Cotton acquired 5,000 shares of the stock in a transaction dated Tuesday, October 3rd. The shares were bought at an average cost of GBX 773 ($10.40) per share, for a total transaction of £38,650 ($52,018.84).

ILLEGAL ACTIVITY WARNING: “Big Yellow Group (BYG) Hits New 52-Week High at $844.00” was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this story on another publication, it was copied illegally and reposted in violation of international trademark & copyright law. The legal version of this story can be accessed at https://www.com-unik.info/2017/12/04/big-yellow-group-byg-hits-new-52-week-high-at-844-00.html.

About Big Yellow Group

Big Yellow Group PLC is a United Kingdom-based company, which is engaged in the provision of self-storage and related services. The Company operates from a platform of approximately 89 stores, including 16 stores branded as Armadillo Self Storage. The Company also owns over seven Big Yellow self-storage development sites (including two extensions sites), of which two have planning consent.

What are top analysts saying about Big Yellow Group Plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Big Yellow Group Plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit