Today, Big Yellow Group plc (BYG) Earns Hold Rating from Peel Hunt

Today, Big Yellow Group plc (BYG) Earns Hold Rating from Peel Hunt
Peel Hunt reissued their hold rating on shares of Big Yellow Group plc (LON:BYG) in a research note issued to investors on Tuesday. Peel Hunt currently has a GBX 675 ($8.43) target price on the stock.

A number of other equities analysts have also commented on the company. Numis Securities Ltd reiterated an add rating and issued a GBX 808 ($10.09) price objective on shares of Big Yellow Group plc in a research note on Tuesday. Liberum Capital upgraded Big Yellow Group plc to a buy rating and lifted their price objective for the stock from GBX 785 ($9.81) to GBX 800 ($10.00) in a research note on Tuesday, November 1st. Jefferies Group upgraded Big Yellow Group plc to a buy rating and set a GBX 776 ($9.70) price target on the stock in a research note on Thursday, October 27th. JPMorgan Chase & Co. lowered their price target on Big Yellow Group plc from GBX 865 ($10.81) to GBX 820 ($10.24) and set an underweight rating on the stock in a research note on Tuesday, September 6th. Finally, Morgan Stanley lowered their price target on Big Yellow Group plc from GBX 800 ($10.00) to GBX 720 ($9.00) and set an equal weight rating on the stock in a research note on Wednesday, August 31st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 784.70 ($9.80).

Shares of Big Yellow Group plc (LON:BYG) opened at 665.00 on Tuesday. The company has a 50-day moving average price of GBX 696.20 and a 200 day moving average price of GBX 754.61. The firm’s market capitalization is GBX 1.04 billion. Big Yellow Group plc has a 52-week low of GBX 648.50 and a 52-week high of GBX 893.50.

The business also recently disclosed a dividend, which will be paid on Friday, January 6th. Stockholders of record on Thursday, December 8th will be paid a GBX 13.50 ($0.17) dividend. This is a positive change from Big Yellow Group plc’s previous dividend of $12.80. This represents a dividend yield of 2.02%. The ex-dividend date is Thursday, December 8th.

In other Big Yellow Group plc news, insider Tim Clark purchased 1,963 shares of the firm’s stock in a transaction that occurred on Thursday, September 22nd. The shares were acquired at an average cost of GBX 776 ($9.70) per share, for a total transaction of £15,232.88 ($19,031.58). Also, insider Gibson,James sold 66,098 shares of the stock in a transaction that occurred on Tuesday, September 6th. The stock was sold at an average price of GBX 767 ($9.58), for a total value of £506,971.66 ($633,397.88).

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