Big Yellow Group (LON:BYG) Hits New 12-Month Low – Time to Sell?

Shares of Big Yellow Group Plc (LON:BYG) reached a new 52-week low on Thursday. The company traded as low as GBX 800.50 and last traded at GBX 803.50, with a volume of 139123 shares traded. The stock had previously closed at GBX 829.

Wall Street Analyst Weigh In

Several brokerages have weighed in on BYG. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,138 price objective on shares of Big Yellow Group in a report on Monday, June 15th. JPMorgan Chase & Co. decreased their target price on Big Yellow Group from GBX 1,250 to GBX 1,190 and set an “overweight” rating for the company in a research report on Tuesday, June 9th. Six research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,186.57.

Big Yellow Group Stock Down 0.1%

The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 19.31. The firm’s 50-day moving average price is GBX 861.83 and its 200 day moving average price is GBX 868.78. The firm has a market cap of £1.56 billion, a P/E ratio of 12.58, a price-to-earnings-growth ratio of 2.40 and a beta of 0.92.

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.