Liberum Capital Reiterates Hold Rating for Big Yellow Group (BYG)

Liberum Capital reissued their hold rating on shares of Big Yellow Group (LON:BYG) in a research report report published on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other equities analysts also recently weighed in on BYG. Goldman Sachs Group cut their target price on Big Yellow Group from GBX 993 ($12.98) to GBX 972 ($12.70) and set a neutral rating on the stock in a research report on Friday, January 25th. Berenberg Bank downgraded Big Yellow Group to a hold rating and cut their target price for the company from GBX 1,000 ($13.07) to GBX 950 ($12.41) in a research report on Monday, January 28th. HSBC initiated coverage on Big Yellow Group in a research report on Tuesday, February 12th. They set a buy rating and a GBX 1,060 ($13.85) target price on the stock. Peel Hunt reissued a hold rating on shares of Big Yellow Group in a research report on Tuesday, February 19th. Finally, Morgan Stanley boosted their target price on Big Yellow Group from GBX 950 ($12.41) to GBX 1,025 ($13.39) and gave the company an equal weight rating in a research report on Thursday, March 14th. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of Hold and an average target price of GBX 986.75 ($12.89).

LON BYG opened at GBX 1,014 ($13.25) on Tuesday. The company has a market cap of $1.68 billion and a PE ratio of 13.80. The company has a debt-to-equity ratio of 27.37, a quick ratio of 0.31 and a current ratio of 0.54. Big Yellow Group has a fifty-two week low of GBX 834 ($10.90) and a fifty-two week high of GBX 1,066 ($13.93).

The firm also recently disclosed a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, June 20th will be given a GBX 16.50 ($0.22) dividend. This represents a yield of 1.56%. The ex-dividend date is Thursday, June 20th. Big Yellow Group’s dividend payout ratio (DPR) is presently 0.45%.

In other Big Yellow Group news, insider Nicholas Vetch sold 375,407 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of GBX 984 ($12.86), for a total value of £3,694,004.88 ($4,826,871.66).

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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