Insider Buying: Big Yellow Group (LON:BYG) Insider Buys 21,816 Shares of Stock

Big Yellow Group Plc (LON:BYG) insider Nicholas Vetch purchased 21,816 shares of the business’s stock in a transaction on Friday, March 20th. The shares were bought at an average price of GBX 912 per share, for a total transaction of £198,961.92.

Nicholas Vetch also recently made the following trade(s):

• On Thursday, March 19th, Nicholas Vetch sold 54,731 shares of Big Yellow Group stock. The shares were sold at an average price of GBX 913, for a total value of £499,694.03.

Big Yellow Group Stock Down 0.5%

Shares of BYG traded down GBX 4.11 during midday trading on Monday, hitting GBX 871. The company had a trading volume of 3,181,975 shares, compared to its average volume of 2,278,585. Big Yellow Group Plc has a 1 year low of GBX 829 and a 1 year high of GBX 1,208. The firm has a market capitalization of £1.71 billion, a P/E ratio of 13.16, a P/E/G ratio of 2.40 and a beta of 0.88. The company has a debt-to-equity ratio of 17.84, a quick ratio of 0.29 and a current ratio of 0.26. The company’s 50-day simple moving average is GBX 1,012.74 and its 200-day simple moving average is GBX 1,032.64.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BYG shares. Jefferies Financial Group upgraded shares of Big Yellow Group to a “buy” rating and boosted their price target for the stock from GBX 1,200 to GBX 1,225 in a report on Monday, January 26th. Berenberg Bank restated a “buy” rating and issued a GBX 1,383 price objective on shares of Big Yellow Group in a report on Tuesday, January 20th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 1,300.60.

About Big Yellow Group

Big Yellow is the UK’s brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.