JPMorgan Chase & Co. reissued their overweight rating on shares of Big Yellow Group (LON:BYG) in a research report released on Monday. The brokerage currently has a GBX 950 ($12.88) price target on the stock.
Several other brokerages also recently commented on BYG. Liberum Capital reaffirmed a hold rating and issued a GBX 860 ($11.66) price objective on shares of Big Yellow Group in a research report on Monday, January 8th. Peel Hunt upped their target price 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. Jefferies Group reiterated a hold rating and issued a GBX 795 ($10.78) target price on shares of Big Yellow Group in a report on Wednesday, November 22nd. Numis Securities upgraded Big Yellow Group to an add rating and set a GBX 885 ($12.00) target price for the company in a report on Wednesday, November 22nd. Finally, Goldman Sachs Group reiterated a buy rating and issued a GBX 946 ($12.83) target price on shares of Big Yellow Group in a report on Wednesday, September 27th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Big Yellow Group presently has an average rating of Hold and an average target price of GBX 872.29 ($11.83).
Big Yellow Group (BYG) opened at GBX 846 ($11.47) on Monday. The company has a market capitalization of $1,330.00 and a price-to-earnings ratio of 1,113.16. Big Yellow Group has a 12-month low of GBX 659 ($8.94) and a 12-month high of GBX 877 ($11.89).
In other Big Yellow Group news, insider Nicholas Vetch sold 120,000 shares of the company’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of GBX 841 ($11.40), for a total value 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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