Big Yellow Group (LON:BYG) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Big Yellow Group (LON:BYG) to a buy rating in a report released on Monday, MarketBeat reports. Jefferies Financial Group currently has GBX 1,225 price target on the stock, up from their prior price target of GBX 1,200.

Other research analysts also recently issued research reports about the stock. Peel Hunt restated a “buy” rating and set a GBX 1,310 price target on shares of Big Yellow Group in a research report on Tuesday, November 18th. Liberum Capital reiterated a “buy” rating and set a GBX 1,385 price objective on shares of Big Yellow Group in a research note on Tuesday, November 18th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,383 target price on shares of Big Yellow Group in a research report on Tuesday, January 20th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 1,300.60.

Big Yellow Group Stock Performance

Shares of LON:BYG opened at GBX 1,048 on Monday. Big Yellow Group has a 1 year low of GBX 829 and a 1 year high of GBX 1,208. The firm has a market capitalization of £2.05 billion, a price-to-earnings ratio of 15.83, a price-to-earnings-growth ratio of 2.40 and a beta of 0.72. The company has a debt-to-equity ratio of 16.68, a current ratio of 0.36 and a quick ratio of 0.29. The business’s 50 day moving average price is GBX 1,048.72 and its 200-day moving average price is GBX 1,012.93.

Big Yellow Group (LON:BYG) last issued its quarterly earnings results 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, equities research analysts forecast 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.