Big Yellow Group plc (BYG) Insider Richard Cotton Buys 10,000 Shares of Stock
Big Yellow Group plc (LON:BYG) insider Richard Cotton acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, November 22nd. The stock was purchased at an average cost of GBX 670 ($8.37) per share, with a total value of £67,000 ($83,708.15).
Shares of Big Yellow Group plc (LON:BYG) opened at 655.00 on Thursday. The firm’s market cap is GBX 1.02 billion. Big Yellow Group plc has a 1-year low of GBX 648.50 and a 1-year high of GBX 893.50. The company’s 50-day moving average is GBX 699.65 and its 200 day moving average is GBX 755.23.
The company also recently announced a dividend, which will be paid on Friday, January 6th. Investors of record on Thursday, December 8th will be paid a GBX 13.50 ($0.17) dividend. The ex-dividend date is Thursday, December 8th. This is a positive change from Big Yellow Group plc’s previous dividend of $12.80. This represents a yield of 2.02%.
A number of equities analysts have weighed in on BYG shares. Numis Securities Ltd raised shares of Big Yellow Group plc to an “add” rating and decreased their price objective for the company from GBX 905 ($11.31) to GBX 808 ($10.09) in a research report on Tuesday, August 2nd. Liberum Capital raised shares of Big Yellow Group plc to a “buy” rating and upped their price objective for the company from GBX 785 ($9.81) to GBX 800 ($10.00) in a research report on Tuesday, November 1st. JPMorgan Chase & Co. decreased their price objective on shares of Big Yellow Group plc from GBX 865 ($10.81) to GBX 820 ($10.24) and set an “underweight” rating for the company in a research report on Tuesday, September 6th. Jefferies Group decreased their price objective on shares of Big Yellow Group plc from GBX 776 ($9.70) to GBX 740 ($9.25) and set a “buy” rating for the company in a research report on Wednesday. Finally, Morgan Stanley decreased their price objective on shares of Big Yellow Group plc from GBX 800 ($10.00) to GBX 720 ($9.00) and set an “equal weight” rating for the company in a research report on Wednesday, August 31st. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 786.70 ($9.83).
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About Big Yellow Group plc
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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