Big Yellow Group plc (LON:BYG)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a report issued on Friday. They currently have a GBX 800 ($10.00) price target on the stock. Liberum Capital’s target price points to a potential upside of 20.03% from the stock’s previous close.
Several other research analysts have also recently commented on the company. Peel Hunt reiterated a “hold” rating and issued a GBX 675 ($8.43) price target on shares of Big Yellow Group plc in a research note on Wednesday, October 26th. Goldman Sachs Group Inc. upgraded Big Yellow Group plc to a “buy” rating and set a GBX 885 ($11.06) price objective on the stock in a research note on Thursday. Jefferies Group upgraded Big Yellow Group plc to a “buy” rating and set a GBX 776 ($9.70) price objective on the stock in a research note on Thursday, October 27th. JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 820 ($10.24) price objective on shares of Big Yellow Group plc in a research note on Wednesday. Finally, Morgan Stanley cut their price objective 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 research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 784.70 ($9.80).
Shares of Big Yellow Group plc (LON:BYG) opened at 666.50 on Friday. The company has a 50 day moving average price of GBX 696.20 and a 200-day moving average price of GBX 754.61. Big Yellow Group plc has a 1-year low of GBX 648.50 and a 1-year high of GBX 893.50. The stock’s market capitalization is GBX 1.04 billion.
The business also recently declared a dividend, which will be paid on Friday, January 6th. Stockholders of record on Thursday, December 8th will be given a dividend of GBX 13.50 ($0.17) per share. This represents a dividend yield of 2.02%. This is a boost from Big Yellow Group plc’s previous dividend of $12.80. The ex-dividend date of this dividend is Thursday, December 8th.
In related news, 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). Also, insider Georgina Harvey acquired 2,280 shares of the firm’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was acquired at an average cost of GBX 668 ($8.35) per share, with a total value of £15,230.40 ($19,028.49).