Big Yellow Group (LON:BYG) Cut to “Sell” at The Goldman Sachs Group

The Goldman Sachs Group lowered shares of Big Yellow Group (LON:BYG) to a sell rating in a research note issued to investors on Monday,London Stock Exchange reports. The firm currently has GBX 860 target price on the stock, down from their prior target price of GBX 1,140.

Several other research analysts have also weighed in on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 1,383 price objective on shares of Big Yellow Group in a report on Tuesday, January 20th. Jefferies Financial Group raised shares of Big Yellow Group to a “buy” rating and upped their price target for the stock from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,227.17.

Big Yellow Group Stock Up 1.5%

Shares of LON:BYG opened at GBX 858 on Monday. The company has a current ratio of 0.26, a quick ratio of 0.29 and a debt-to-equity ratio of 17.84. The firm has a market cap of £1.68 billion, a price-to-earnings ratio of 12.96, a PEG ratio of 2.40 and a beta of 0.88. The stock’s 50-day moving average price is GBX 982.52 and its two-hundred day moving average price is GBX 1,028.83. Big Yellow Group has a 12-month low of GBX 829 and a 12-month high of GBX 1,208.

Insiders Place Their Bets

In other Big Yellow Group news, insider Nicholas Vetch sold 54,731 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of GBX 913, for a total transaction of £499,694.03. Insiders own 12.87% of the company’s stock.

Big Yellow Group Company Profile

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.