Big Yellow Group (LON:BYG) Sets New 12-Month High at $1,161.00

Big Yellow Group plc (LON:BYG) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,161 ($15.17) and last traded at GBX 1,126 ($14.71), with a volume of 1025 shares. The stock had previously closed at GBX 1,132 ($14.79).

A number of equities analysts have recently issued reports on the company. Morgan Stanley raised their price objective on Big Yellow Group from GBX 1,025 ($13.39) to GBX 1,075 ($14.05) and gave the stock an “equal weight” rating in a research report on Monday, September 2nd. HSBC downgraded Big Yellow Group to a “hold” rating in a research report on Friday, September 27th. Peel Hunt restated a “hold” rating on shares of Big Yellow Group in a research report on Tuesday. Goldman Sachs Group restated a “neutral” rating on shares of Big Yellow Group in a research report on Thursday, August 8th. Finally, Liberum Capital restated a “hold” rating on shares of Big Yellow Group in a research report on Friday, July 19th. Eight research analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,037.71 ($13.56).

The firm has a 50 day moving average of GBX 1,069.16 and a 200 day moving average of GBX 1,030.34. The firm has a market cap of $1.88 billion and a price-to-earnings ratio of 14.44. The company has a quick ratio of 0.52, a current ratio of 0.84 and a debt-to-equity ratio of 31.56.

In related news, insider Nicholas Vetch sold 411,660 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of GBX 1,068 ($13.96), for a total transaction of £4,396,528.80 ($5,744,843.59).

About Big Yellow Group (LON:BYG)

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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