Big Yellow Group (LON:BYG – Get Free Report) had its price objective dropped by Deutsche Bank Aktiengesellschaft from GBX 1,200 to GBX 1,100 in a report released on Wednesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 34.47% from the company’s current price.
Several other research analysts also recently commented on BYG. The Goldman Sachs Group downgraded shares of Big Yellow Group to a “sell” rating and reduced their price target for the stock from GBX 1,140 to GBX 860 in a research note on Monday, March 30th. Berenberg Bank restated a “buy” rating and issued a GBX 1,323 target price on shares of Big Yellow Group in a research note on Tuesday. Finally, Jefferies Financial Group raised shares of Big Yellow Group to a “buy” rating and raised their target price for the stock from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,200.50.
View Our Latest Stock Analysis on BYG
Big Yellow Group Stock Performance
Big Yellow Group (LON:BYG – Get Free Report) last released its earnings results on Monday, May 18th. The company reported GBX 63.80 earnings per share for the quarter. The business had revenue of £209.08 million during the quarter. Big Yellow Group had a return on equity of 4.81% and a net margin of 59.74%. As a group, analysts expect that Big Yellow Group will post 57.4799434 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Michael O’Donnell acquired 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased at an average cost of GBX 827 per share, for a total transaction of £33,080. Also, insider Nicholas Vetch sold 54,731 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of GBX 913, for a total transaction of £499,694.03. Insiders have bought a total of 58,731 shares of company stock worth $51,050,282 in the last three months. Corporate insiders own 12.87% of the company’s stock.
About Big Yellow Group
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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