Big Yellow Group (LON:BYG) Hits New 1-Year Low – Should You Sell?

Big Yellow Group Plc (LON:BYGGet Free Report)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as GBX 832 and last traded at GBX 832, with a volume of 108470 shares trading hands. The stock had previously closed at GBX 854.50.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group raised shares of Big Yellow Group to a “buy” rating and upped their target price for the company from GBX 1,200 to GBX 1,225 in a report on Monday, January 26th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,383 target price on shares of Big Yellow Group in a report on Tuesday, January 20th. Finally, The Goldman Sachs Group cut shares of Big Yellow Group to a “sell” rating and reduced their target price for the company from GBX 1,140 to GBX 860 in a report on Monday, March 30th. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Big Yellow Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,227.17.

View Our Latest Research Report on Big Yellow Group

Big Yellow Group Trading Down 2.6%

The company has a quick ratio of 0.29, a current ratio of 0.26 and a debt-to-equity ratio of 17.84. The company has a market cap of £1.63 billion, a price-to-earnings ratio of 12.57, a P/E/G ratio of 2.40 and a beta of 0.96. The business has a fifty day simple moving average of GBX 896.31 and a 200 day simple moving average of GBX 1,001.48.

Insiders Place Their Bets

In related news, insider Nicholas Vetch sold 54,731 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of GBX 913, for a total value of £499,694.03. 12.87% of the stock is owned by insiders.

Big Yellow Group Company Profile

(Get Free Report)

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.

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