Peel Hunt Reaffirms Hold Rating for Big Yellow Group (LON:BYG)

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Peel Hunt restated their hold rating on shares of Big Yellow Group (LON:BYG) in a research report released on Tuesday morning, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley cut Big Yellow Group to an underweight rating and dropped their price objective for the stock from GBX 1,075 ($14.14) to GBX 1,000 ($13.15) in a research note on Friday, November 29th. Numis Securities cut Big Yellow Group to a reduce rating in a research note on Wednesday, February 5th. Bank of America cut Big Yellow Group to a neutral rating in a research note on Tuesday, January 14th. JPMorgan Chase & Co. cut Big Yellow Group to an underweight rating and upped their price objective for the stock from GBX 1,050 ($13.81) to GBX 1,150 ($15.13) in a research note on Thursday, January 16th. Finally, Berenberg Bank upped their price objective on Big Yellow Group from GBX 950 ($12.50) to GBX 1,170 ($15.39) and gave the stock a hold rating in a research note on Thursday, January 23rd. Four analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Big Yellow Group currently has an average rating of Hold and an average price target of GBX 1,120.13 ($14.73).

Shares of Big Yellow Group stock opened at GBX 1,188 ($15.63) on Tuesday. Big Yellow Group has a 12-month low of GBX 924.50 ($12.16) and a 12-month high of GBX 1,218 ($16.02). The stock has a market cap of $1.99 billion and a P/E ratio of 12.27. The company has a quick ratio of 0.28, a current ratio of 0.48 and a debt-to-equity ratio of 30.83. The business’s 50 day moving average is GBX 1,178.36 and its 200-day moving average is GBX 1,104.74.

In related news, insider James Gibson sold 1,300 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of GBX 1,182 ($15.55), for a total value of £15,366 ($20,213.10).

Big Yellow Group Company Profile

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 97 stores, including 22 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further eleven Big Yellow self storage development sites (including two extension sites), of which two have planning consent.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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