Big Yellow Group (LON:BYG) Receives “Buy” Rating from Liberum Capital

Big Yellow Group (LON:BYG)‘s stock had its “buy” rating reissued by equities researchers at Liberum Capital in a report released on Tuesday,London Stock Exchange reports. They currently have a GBX 1,385 price objective on the stock. Liberum Capital’s price objective suggests a potential upside of 26.37% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Jefferies Financial Group cut shares of Big Yellow Group to a “hold” rating and increased their price target for the stock from GBX 1,092 to GBX 1,191 in a report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft upgraded Big Yellow Group to a “buy” rating and dropped their target price for the stock from GBX 1,300 to GBX 1,200 in a research report on Friday, August 1st. Finally, Peel Hunt reissued a “buy” rating and set a GBX 1,310 target price on shares of Big Yellow Group in a research note on Tuesday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,271.50.

Big Yellow Group Price Performance

LON:BYG remained flat at GBX 1,096 during midday trading on Tuesday. 8,331,891 shares of the company were exchanged, compared to its average volume of 973,600. The company has a current ratio of 0.36, a quick ratio of 0.29 and a debt-to-equity ratio of 16.68. The stock has a market cap of £2.15 billion, a PE ratio of 10.66, a P/E/G ratio of 2.40 and a beta of 0.72. The business’s 50-day simple moving average is GBX 1,045.76 and its two-hundred day simple moving average is GBX 991.55. Big Yellow Group has a 1 year low of GBX 829 and a 1 year high of GBX 1,208.

Big Yellow Group (LON:BYG) last announced its quarterly earnings data on Monday, November 17th. The company reported GBX 30 EPS for the quarter. Big Yellow Group had a net margin of 120.15% and a return on equity of 10.18%. On average, sell-side analysts anticipate that Big Yellow Group will post 57.4799434 earnings per share for the current fiscal year.

About Big Yellow Group

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.