Big Yellow Group (LON:BYG) Rating Reiterated by Jefferies Financial Group

Big Yellow Group (LON:BYG)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a research note issued to investors on Tuesday, Marketbeat.com reports. They presently have a GBX 1,359 ($17.27) price objective on the stock. Jefferies Financial Group’s target price indicates a potential upside of 10.13% from the stock’s previous close.

Separately, Berenberg Bank increased their target price on Big Yellow Group from GBX 1,186 ($15.07) to GBX 1,285 ($16.33) and gave the stock a “hold” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 1,236.50 ($15.72).

Big Yellow Group Stock Performance

Shares of BYG stock opened at GBX 1,234 ($15.68) on Tuesday. The firm’s 50 day moving average is GBX 1,085.16 and its 200 day moving average is GBX 1,100.78. The stock has a market capitalization of £2.42 billion, a P/E ratio of 1,231.68, a PEG ratio of 2.40 and a beta of 0.63. Big Yellow Group has a 12 month low of GBX 901 ($11.45) and a 12 month high of GBX 1,268 ($16.12). The company has a current ratio of 0.33, a quick ratio of 0.29 and a debt-to-equity ratio of 23.01.

About Big Yellow Group

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 109 stores, including 24 stores branded as Armadillo Self Storage. We have a pipeline of 0.9 million sq ft comprising 13 proposed Big Yellow self storage facilities. The current maximum lettable area of the existing platform (including Armadillo) is 6.4 million sq ft.