Big Yellow Group Plc (LON:BYG) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Big Yellow Group Plc (LON:BYG) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 1,186.57.

A number of equities analysts recently issued reports on BYG shares. JPMorgan Chase & Co. decreased their price objective on Big Yellow Group from GBX 1,250 to GBX 1,190 and set an “overweight” rating for the company in a report on Tuesday, June 9th. Berenberg Bank restated a “buy” rating and issued a GBX 1,323 target price on shares of Big Yellow Group in a research report on Tuesday, May 19th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,138 target price on shares of Big Yellow Group in a research note on Monday, June 15th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Big Yellow Group from GBX 1,200 to GBX 1,100 and set a “buy” rating for the company in a research report on Wednesday, May 20th.

Big Yellow Group Price Performance

Shares of LON:BYG opened at GBX 885.50 on Thursday. The firm’s 50 day moving average is GBX 889.53 and its two-hundred day moving average is GBX 901.64. The firm has a market capitalization of £1.74 billion, a P/E ratio of 13.97, a PEG ratio of 2.40 and a beta of 0.92. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 19.31. Big Yellow Group has a 52 week low of GBX 800.50 and a 52 week high of GBX 1,208.

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.