Numis Securities restated their add rating on shares of Big Yellow Group (LON:BYG) in a report issued on Wednesday. They currently have a GBX 885 ($12.00) price target on the stock.
A number of other research analysts have also recently commented on BYG. Liberum Capital reissued a hold rating and issued a GBX 860 ($11.66) price target on shares of Big Yellow Group in a report on Monday, January 8th. Peel Hunt boosted their price target on Big Yellow Group from GBX 700 ($9.49) to GBX 750 ($10.17) and gave the stock a hold rating in a report on Tuesday, November 21st. Goldman Sachs Group reissued a buy rating and issued a GBX 946 ($12.83) price target on shares of Big Yellow Group in a report on Wednesday, September 27th. JPMorgan Chase & Co. boosted their price target on Big Yellow Group from GBX 880 ($11.93) to GBX 950 ($12.88) and gave the stock an overweight rating in a report on Wednesday, November 29th. Finally, Jefferies Group reissued a hold rating and issued a GBX 795 ($10.78) price target on shares of Big Yellow Group in a report on Wednesday, November 22nd. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Big Yellow Group currently has a consensus rating of Hold and a consensus target price of GBX 858 ($11.64).
Big Yellow Group (LON BYG) opened at GBX 832.50 ($11.29) on Wednesday. Big Yellow Group has a twelve month low of GBX 659 ($8.94) and a twelve month high of GBX 877 ($11.89). The company has a market capitalization of $1,320.00 and a P/E ratio of 1,095.39.
The company also recently disclosed a dividend, which was paid on Friday, January 5th. Stockholders of record on Thursday, December 7th were issued a dividend of GBX 15.30 ($0.21) per share. This represents a dividend yield of 1.83%. This is a boost from Big Yellow Group’s previous dividend of $14.10. The ex-dividend date was Thursday, December 7th.
In other news, insider Nicholas Vetch sold 120,000 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of GBX 841 ($11.40), for a total transaction of £1,009,200 ($1,368,592.35).
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About Big Yellow Group
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.
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