Big Yellow Group plc (LON:BYG) Receives Average Rating of “Hold” from Analysts

Big Yellow Group plc (LON:BYG) has been given a consensus recommendation of “Hold” by the nine research firms that are currently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 1,020.33 ($13.33).

A number of research analysts have issued reports on BYG shares. Numis Securities reaffirmed a “hold” rating and issued a GBX 1,042 ($13.62) price target on shares of Big Yellow Group in a report on Wednesday, May 22nd. Liberum Capital reaffirmed a “hold” rating on shares of Big Yellow Group in a report on Friday, July 19th. Peel Hunt reaffirmed a “hold” rating on shares of Big Yellow Group in a report on Friday. JPMorgan Chase & Co. raised their price target on shares of Big Yellow Group from GBX 950 ($12.41) to GBX 1,100 ($14.37) and gave the stock a “neutral” rating in a report on Wednesday, June 5th. Finally, Goldman Sachs Group reaffirmed a “neutral” rating on shares of Big Yellow Group in a report on Thursday.

Shares of LON BYG traded down GBX 26.50 ($0.35) during midday trading on Wednesday, reaching GBX 955.50 ($12.49). The company had a trading volume of 185,814 shares, compared to its average volume of 265,567. The company’s 50-day moving average is GBX 1,005.89. The company has a market cap of $1.60 billion and a PE ratio of 12.25. Big Yellow Group has a 1 year low of GBX 834 ($10.90) and a 1 year high of GBX 1,077 ($14.07). The company has a debt-to-equity ratio of 31.56, a quick ratio of 0.52 and a current ratio of 0.84.

The firm also recently announced a dividend, which was paid on Friday, July 26th. Investors of record on Thursday, June 20th were issued a dividend of GBX 16.50 ($0.22) per share. The ex-dividend date was Thursday, June 20th. This represents a dividend yield of 1.56%. Big Yellow Group’s dividend payout ratio (DPR) is presently 0.42%.

In other news, insider Richard Cotton sold 3,763 shares of Big Yellow Group stock in a transaction dated Friday, June 14th. The shares were sold at an average price of GBX 1,024 ($13.38), for a total value of £38,533.12 ($50,350.35). Also, insider John Trotman sold 30,416 shares of Big Yellow Group stock in a transaction dated Tuesday, July 23rd. The shares were sold at an average price of GBX 1,011 ($13.21), for a total transaction of £307,505.76 ($401,810.74).

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.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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