Big Yellow Group (LON:BYG) Given “Buy” Rating at Jefferies Financial Group

Big Yellow Group (LON:BYG)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 1,138 target price on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 32.17% from the company’s previous close.

Several other equities analysts have also issued reports on BYG. Deutsche Bank Aktiengesellschaft decreased their price objective 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. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,323 price objective on shares of Big Yellow Group in a research report on Tuesday, May 19th. The Goldman Sachs Group lowered Big Yellow Group to a “sell” rating and decreased their price objective for the company from GBX 1,140 to GBX 860 in a research report on Monday, March 30th. Finally, 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 research report on Tuesday, June 9th. Six research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Big Yellow Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,186.57.

Big Yellow Group Price Performance

Big Yellow Group stock opened at GBX 861 on Monday. The firm has a market capitalization of £1.69 billion, a P/E ratio of 13.58, a PEG ratio of 2.40 and a beta of 0.93. Big Yellow Group has a 1 year low of GBX 800.50 and a 1 year high of GBX 1,208. The business has a 50-day moving average of GBX 864.88 and a 200-day moving average of GBX 958.29. 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 (LON:BYG) last issued its quarterly earnings data on Monday, May 18th. The company reported GBX 63.80 earnings per share (EPS) for the quarter. Big Yellow Group had a return on equity of 4.81% and a net margin of 59.74%.The business had revenue of £209.08 million during the quarter. On average, equities analysts anticipate that Big Yellow Group will post 57.4799434 EPS for the current year.

Insider Activity at Big Yellow Group

In other news, insider Nicholas Vetch bought 32,915 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were purchased at an average price of GBX 846 per share, for a total transaction of £278,460.90. Also, insider Michael O’Donnell bought 4,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was purchased at an average price of GBX 827 per share, for a total transaction of £33,080. Insiders acquired a total of 58,731 shares of company stock worth $51,050,282 in the last 90 days. Company insiders own 12.98% of the company’s stock.

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.