Big Yellow Group Plc (BYG) Rating Increased to Add at Numis Securities Ltd
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).
COPYRIGHT VIOLATION WARNING: “Big Yellow Group Plc (BYG) Rating Increased to Add at Numis Securities Ltd” was posted by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.watchlistnews.com/big-yellow-group-plc-byg-rating-increased-to-add-at-numis-securities-ltd/1723666.html.
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.
Receive News & Ratings for Big Yellow Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Big Yellow Group Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.