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).