Big Yellow Group plc (LON:BYG)‘s stock had its “underweight” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Wednesday. They presently have a GBX 820 ($10.24) target price on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 23.03% from the company’s previous close.

Several other brokerages have also commented on BYG. Numis Securities Ltd upgraded shares of Big Yellow Group plc to an “add” rating and cut their price target for the stock from GBX 905 ($11.31) to GBX 808 ($10.09) in a research note on Tuesday, August 2nd. Liberum Capital upgraded shares of Big Yellow Group plc to a “buy” rating and lifted their price objective for the company from GBX 785 ($9.81) to GBX 800 ($10.00) in a research note on Tuesday, November 1st. Jefferies Group dropped 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 on the stock in a research note on Wednesday. Morgan Stanley dropped 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 on the stock in a research note on Wednesday, August 31st. Finally, Peel Hunt restated a “hold” rating and issued a GBX 675 ($8.43) price objective on shares of Big Yellow Group plc in a research note on Wednesday, October 26th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. Big Yellow Group plc currently has an average 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 661.50 on Wednesday. The company has a 50-day moving average of GBX 696.20 and a 200-day moving average of GBX 754.61. Big Yellow Group plc has a 52 week low of GBX 648.50 and a 52 week high of GBX 893.50. The stock’s market capitalization is GBX 1.03 billion.

The business also recently disclosed a dividend, which will be paid on Friday, January 6th. Investors of record on Thursday, December 8th will be issued a dividend of GBX 13.50 ($0.17) per share. The ex-dividend date of this dividend is Thursday, December 8th. This represents a yield of 2.02%. This is an increase from Big Yellow Group plc’s previous dividend of $12.80.

In related news, insider Tim Clark acquired 1,963 shares of the firm’s stock in a transaction that occurred on Thursday, September 22nd. The shares were purchased at an average price of GBX 776 ($9.70) per share, with a total value of £15,232.88 ($19,031.58). Also, insider Gibson,James sold 66,098 shares of the business’s stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of GBX 767 ($9.58), for a total transaction of £506,971.66 ($633,397.88).

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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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