Big Yellow Group (LON:BYG) was downgraded by Goldman Sachs Group to a “neutral” rating in a research report issued to clients and investors on Wednesday. They presently have a GBX 960 ($13.26) price target on the stock. Goldman Sachs Group’s price objective points to a potential upside of 10.60% from the company’s current price.
BYG has been the subject of several other reports. Liberum Capital reiterated a “hold” rating and set a GBX 860 ($11.88) target price on shares of Big Yellow Group in a research report on Tuesday, December 12th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 950 ($13.13) target price on shares of Big Yellow Group in a research report on Monday, January 15th. Numis Securities reiterated an “add” rating and set a GBX 885 ($12.23) target price on shares of Big Yellow Group in a research report on Wednesday, January 10th. Jefferies Group reiterated a “hold” rating and set a GBX 795 ($10.98) target price on shares of Big Yellow Group in a research report on Wednesday, November 22nd. Finally, Berenberg Bank upgraded Big Yellow Group to a “buy” rating and lifted their target price for the stock from GBX 820 ($11.33) to GBX 920 ($12.71) in a research report on Wednesday, January 17th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 882.50 ($12.19).
Shares of Big Yellow Group (LON:BYG) opened at GBX 868 ($11.99) on Wednesday. Big Yellow Group has a 52-week low of GBX 694.50 ($9.60) and a 52-week high of GBX 910.50 ($12.58). The firm has a market capitalization of $1,380.00 and a price-to-earnings ratio of 1,142.11.
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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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