Analysts Set Big Yellow Group Plc (LON:BYG) PT at GBX 1,520.71

Big Yellow Group Plc (LON:BYGGet Rating) has received a consensus rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 1,520.71 ($17.98).

Separately, Barclays restated an “overweight” rating and set a GBX 1,200 ($14.19) price objective on shares of Big Yellow Group in a research report on Tuesday.

Big Yellow Group Stock Performance

Shares of BYG stock opened at GBX 1,135 ($13.42) on Tuesday. The business’s 50-day moving average price is GBX 1,102.49 and its 200-day moving average price is GBX 1,241.35. Big Yellow Group has a 12 month low of GBX 938.50 ($11.10) and a 12 month high of GBX 1,760 ($20.81). The firm has a market capitalization of £2.09 billion and a price-to-earnings ratio of 295.57. The company has a current ratio of 0.36, a quick ratio of 0.33 and a debt-to-equity ratio of 23.04.

Big Yellow Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, January 26th. Shareholders of record on Thursday, January 5th will be issued a GBX 22.30 ($0.26) dividend. This is an increase from Big Yellow Group’s previous dividend of $21.40. This represents a yield of 1.91%. The ex-dividend date of this dividend is Thursday, January 5th. Big Yellow Group’s payout ratio is presently 9.79%.

Insiders Place Their Bets

In other Big Yellow Group news, insider James Gibson bought 22,222 shares of the stock in a transaction on Tuesday, September 20th. The stock was acquired at an average cost of GBX 1,125 ($13.30) per share, for a total transaction of £249,997.50 ($295,610.15). In other news, insider James Gibson acquired 22,222 shares of Big Yellow Group stock in a transaction on Tuesday, September 20th. The stock was purchased at an average price of GBX 1,125 ($13.30) per share, with a total value of £249,997.50 ($295,610.15). Also, insider Nicholas Vetch acquired 22,000 shares of Big Yellow Group stock in a transaction on Thursday, September 22nd. The stock was purchased at an average cost of GBX 1,134 ($13.41) per share, with a total value of £249,480 ($294,998.23). Over the last three months, insiders acquired 69,849 shares of company stock worth $74,959,702.

About Big Yellow Group

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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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