Big Yellow Group (LON:BYG) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Big Yellow Group (LON:BYG) in a research note published on Tuesday, MarketBeat.com reports. They currently have a GBX 1,359 ($17.27) price target on the stock.

Separately, Berenberg Bank increased their price objective on shares of Big Yellow Group from GBX 1,186 ($15.07) to GBX 1,285 ($16.33) and gave the stock a hold rating in a research report on Tuesday.

Big Yellow Group Stock Up 2.0 %

Shares of LON:BYG opened at GBX 1,244 ($15.81) on Tuesday. Big Yellow Group has a 1 year low of GBX 901 ($11.45) and a 1 year high of GBX 1,268 ($16.12). The company has a debt-to-equity ratio of 23.01, a current ratio of 0.33 and a quick ratio of 0.29. The business’s 50-day moving average is GBX 1,092.88 and its 200-day moving average is GBX 1,103.18. The company has a market capitalization of £2.44 billion, a price-to-earnings ratio of 1,231.68, a P/E/G ratio of 2.40 and a beta of 0.63.

Big Yellow Group Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, July 4th will be given a GBX 22.60 ($0.29) dividend. The ex-dividend date of this dividend is Thursday, July 4th. This represents a yield of 1.92%. Big Yellow Group’s dividend payout ratio is currently 4,554.46%.

About Big Yellow Group

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 109 stores, including 24 stores branded as Armadillo Self Storage. We have a pipeline of 0.9 million sq ft comprising 13 proposed Big Yellow self storage facilities. The current maximum lettable area of the existing platform (including Armadillo) is 6.4 million sq ft.