Big Yellow Group plc (LON:BYG) was upgraded by equities research analysts at Goldman Sachs Group Inc. to a “buy” rating in a report released on Thursday. The firm presently has a GBX 885 ($11.06) price objective on the stock. Goldman Sachs Group Inc.’s price target indicates a potential upside of 35.11% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Jefferies Group cut their target price on shares of Big Yellow Group plc from GBX 776 ($9.70) to GBX 740 ($9.25) and set a “buy” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 820 ($10.24) target price on shares of Big Yellow Group plc in a research report on Wednesday. Numis Securities Ltd restated an “add” rating and issued a GBX 808 ($10.09) target price on shares of Big Yellow Group plc in a research report on Tuesday. Peel Hunt restated a “hold” rating and issued a GBX 675 ($8.43) target price on shares of Big Yellow Group plc in a research report on Tuesday. Finally, Liberum Capital upgraded shares of Big Yellow Group plc to a “buy” rating and raised their target price for the company from GBX 785 ($9.81) to GBX 800 ($10.00) in a research report on Tuesday, November 1st. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 784.70 ($9.80).

Analyst Recommendations for Big Yellow Group plc (LON:BYG)

Big Yellow Group plc (LON:BYG) opened at 663.00 on Thursday. The firm’s market cap is GBX 1.04 billion. Big Yellow Group plc has a one year low of GBX 648.50 and a one year high of GBX 893.50. The stock has a 50 day moving average of GBX 699.65 and a 200 day moving average of 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 dividend of GBX 13.50 ($0.17) per share. This represents a yield of 2.02%. The ex-dividend date is Thursday, December 8th. This is an increase from Big Yellow Group plc’s previous dividend of $12.80.

In other news, insider Richard Cotton bought 10,000 shares of the stock in a transaction that occurred on Tuesday, November 22nd. The stock was acquired at an average price of GBX 670 ($8.37) per share, with a total value of £67,000 ($83,708.15). Also, insider Tim Clark bought 1,963 shares of the stock in a transaction that occurred on Thursday, September 22nd. The shares were purchased at an average cost of GBX 776 ($9.70) per share, with a total value of £15,232.88 ($19,031.58).

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Big Yellow Group plc Company Profile

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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