Big Yellow Group Plc (LON:BYG) Given Consensus Rating of “Hold” by Analysts

Big Yellow Group Plc (LON:BYGGet Rating) has been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,574.17 ($19.06).

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 1,600 ($19.38) price objective on shares of Big Yellow Group in a research note on Tuesday, June 21st. Berenberg Bank boosted their price target on shares of Big Yellow Group from GBX 1,140 ($13.80) to GBX 1,500 ($18.16) and gave the company a “hold” rating in a research report on Monday, March 21st. Peel Hunt reiterated a “reduce” rating and set a GBX 1,500 ($18.16) price target on shares of Big Yellow Group in a research report on Tuesday, May 24th. Finally, Royal Bank of Canada reiterated an “underperform” rating and set a GBX 1,375 ($16.65) price target on shares of Big Yellow Group in a research report on Friday, May 13th.

Shares of LON:BYG opened at GBX 1,290 ($15.62) on Thursday. The company has a market cap of £2.37 billion and a price-to-earnings ratio of 335.94. The company has a 50-day moving average price of GBX 1,305.63 and a 200-day moving average price of GBX 1,436.86. The company has a current ratio of 0.32, a quick ratio of 0.27 and a debt-to-equity ratio of 20.08. Big Yellow Group has a 12 month low of GBX 1,191 ($14.42) and a 12 month high of GBX 1,760 ($21.31).

The business also recently declared a dividend, which will be paid on Friday, July 29th. Investors of record on Thursday, July 7th will be given a dividend of GBX 21.40 ($0.26) per share. The ex-dividend date of this dividend is Thursday, July 7th. This represents a dividend yield of 1.66%. This is a boost from Big Yellow Group’s previous dividend of $20.60. Big Yellow Group’s payout ratio is currently 9.79%.

Big Yellow Group Company Profile (Get Rating)

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 103 stores, including 25 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further 11 Big Yellow self storage development sites, of which eight have planning consent.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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