Big Yellow Group Plc (LON:BYG) was upgraded by equities researchers at Numis Securities Ltd to an “add” rating in a research note issued to investors on Wednesday. The brokerage currently has a GBX 885 ($11.64) price target on the stock. Numis Securities Ltd’s price target suggests a potential upside of 5.29% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on the company. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 880 ($11.57) price target on shares of Big Yellow Group Plc in a research note on Wednesday. Jefferies Group LLC restated a “hold” rating and issued a GBX 795 ($10.46) price target on shares of Big Yellow Group Plc in a research note on Wednesday. Liberum Capital restated a “hold” rating and issued a GBX 800 ($10.52) price target on shares of Big Yellow Group Plc in a research note on Tuesday, August 1st. Peel Hunt increased their price target on Big Yellow Group Plc from GBX 700 ($9.21) to GBX 750 ($9.86) and gave the company a “hold” rating in a research note on Tuesday. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a GBX 946 ($12.44) price target on shares of Big Yellow Group Plc in a research note on Wednesday, September 27th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Big Yellow Group Plc has an average rating of “Hold” and a consensus target price of GBX 839.43 ($11.04).

Shares of Big Yellow Group Plc (BYG) opened at GBX 840.50 ($11.05) on Wednesday. Big Yellow Group Plc has a 12 month low of GBX 629.50 ($8.28) and a 12 month high of GBX 830 ($10.92).

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In other Big Yellow Group Plc news, insider Richard Cotton purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were acquired at an average price of GBX 773 ($10.17) per share, for a total transaction of £38,650 ($50,835.20).

Big Yellow Group Plc Company Profile

Big Yellow Group PLC is a United Kingdom-based company, which is engaged in the provision of self-storage and related services. The Company operates from a platform of approximately 89 stores, including 16 stores branded as Armadillo Self Storage. The Company also owns over seven Big Yellow self-storage development sites (including two extensions sites), of which two have planning consent.

Analyst Recommendations for Big Yellow Group Plc (LON:BYG)

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