Big Yellow Group (BYG) Receives Hold Rating from Numis Securities

Big Yellow Group (LON:BYG)‘s stock had its “hold” rating reiterated by stock analysts at Numis Securities in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.

Several other analysts also recently weighed in on the company. Peel Hunt restated a “hold” rating on shares of Big Yellow Group in a research note on Tuesday. Morgan Stanley upped their price target on Big Yellow Group from GBX 950 ($12.41) to GBX 1,025 ($13.39) and gave the stock an “equal weight” rating in a research note on Thursday, March 14th. Liberum Capital restated a “hold” rating on shares of Big Yellow Group in a research note on Tuesday, March 12th. HSBC assumed coverage on Big Yellow Group in a research note on Tuesday, February 12th. They issued a “buy” rating and a GBX 1,060 ($13.85) price target on the stock. Finally, Berenberg Bank downgraded Big Yellow Group to a “hold” rating and cut their price target for the stock from GBX 1,000 ($13.07) to GBX 950 ($12.41) in a research note on Monday, January 28th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 978.38 ($12.78).

Big Yellow Group stock opened at GBX 1,056 ($13.80) on Thursday. The company has a current ratio of 0.54, a quick ratio of 0.31 and a debt-to-equity ratio of 27.37. The company has a market capitalization of $1.75 billion and a P/E ratio of 14.37. Big Yellow Group has a twelve month low of GBX 834 ($10.90) and a twelve month high of GBX 1,066 ($13.93).

In other Big Yellow Group news, insider Nicholas Vetch sold 324,593 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of GBX 988 ($12.91), for a total transaction of £3,206,978.84 ($4,190,485.87).

About Big Yellow Group

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 97 stores, including 22 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further eleven Big Yellow self storage development sites (including two extension sites), of which two have planning consent.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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