Big Yellow Group (BYG) Now Covered by HSBC

Research analysts at HSBC assumed coverage on shares of Big Yellow Group (LON:BYG) in a report released on Tuesday. The brokerage set a “buy” rating and a GBX 1,060 ($13.85) price target on the stock. HSBC’s price target would indicate a potential upside of 13.55% from the company’s previous close.

Several other research firms have also recently commented on BYG. Goldman Sachs Group reduced their price target on Big Yellow Group from GBX 993 ($12.98) to GBX 972 ($12.70) and set a “neutral” rating for the company in a report on Friday, January 25th. Liberum Capital reissued a “hold” rating on shares of Big Yellow Group in a research report on Tuesday, January 15th. Berenberg Bank downgraded Big Yellow Group to a “hold” rating and dropped their price target for the stock from GBX 1,000 ($13.07) to GBX 950 ($12.41) in a research report on Monday, January 28th. Finally, Peel Hunt reaffirmed a “hold” rating on shares of Big Yellow Group in a research report on Tuesday, January 15th. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 962.75 ($12.58).

LON:BYG opened at GBX 933.50 ($12.20) on Tuesday. Big Yellow Group has a 52-week low of GBX 694.50 ($9.07) and a 52-week high of GBX 910.50 ($11.90).

Big Yellow Group Company Profile

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 97 stores, including 22 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further eleven Big Yellow self storage development sites (including two extension sites), of which two have planning consent.

Read More: Why is the price-sales ratio important?

Analyst Recommendations for Big Yellow Group (LON:BYG)

Receive News & Ratings for Big Yellow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Big Yellow Group and related companies with's FREE daily email newsletter.


Leave a Reply

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