Brokerages Set Big Yellow Group plc (BYG) PT at $878.00
Shares of Big Yellow Group plc (LON:BYG) have received a consensus recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 878 ($12.31).
A number of equities analysts recently weighed in on the stock. Liberum Capital reaffirmed a “hold” rating and issued a GBX 860 ($12.06) target price on shares of Big Yellow Group in a research note on Monday, January 8th. Numis Securities reaffirmed an “add” rating and issued a GBX 885 ($12.41) target price on shares of Big Yellow Group in a research note on Wednesday, January 10th. Jefferies Group reaffirmed a “hold” rating and issued a GBX 835 ($11.71) target price on shares of Big Yellow Group in a research note on Thursday, January 18th. Berenberg Bank raised shares of Big Yellow Group to a “buy” rating and upped their target price for the stock from GBX 820 ($11.50) to GBX 920 ($12.90) in a research note on Wednesday, January 17th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 950 ($13.32) target price on shares of Big Yellow Group in a research note on Monday, January 15th.
In other Big Yellow Group news, insider Nicholas Vetch sold 120,000 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of GBX 841 ($11.79), for a total transaction of £1,009,200 ($1,415,030.85).
Big Yellow Group 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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