Trading Report: The Insider Buying: Big Yellow Group plc (BYG) Insider Buys £67,000 in Stock

The Insider Buying: Big Yellow Group plc (BYG) Insider Buys £67,000 in Stock

Big Yellow Group plc (LON:BYG) insider Richard Cotton bought 10,000 shares of the company’s stock in a transaction on Tuesday, November 22nd. The shares were bought at an average price of GBX 670 ($8.37) per share, with a total value of £67,000 ($83,708.15).

Shares of Big Yellow Group plc (LON:BYG) opened at 662.6721 on Monday. Big Yellow Group plc has a 12-month low of GBX 648.50 and a 12-month high of GBX 893.50. The company’s 50-day moving average is GBX 693.49 and its 200-day moving average is GBX 754.03. The company’s market capitalization is GBX 1.04 billion.

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

BYG has been the subject of several research analyst reports. Goldman Sachs Group Inc. upgraded shares of Big Yellow Group plc to a “buy” rating and set a GBX 885 ($11.06) target price for the company in a research report on Thursday. Peel Hunt reiterated a “hold” rating and set a GBX 675 ($8.43) target price on shares of Big Yellow Group plc in a research report on Wednesday, October 26th. Jefferies Group upgraded shares of Big Yellow Group plc to a “buy” rating and set a GBX 776 ($9.70) target price for the company in a research report on Thursday, October 27th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 820 ($10.24) target price on shares of Big Yellow Group plc in a research report on Wednesday, November 23rd. Finally, Morgan Stanley dropped their target price on shares of Big Yellow Group plc from GBX 800 ($10.00) to GBX 720 ($9.00) and set an “equal weight” rating for the company in a research report on Wednesday, August 31st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 784.70 ($9.80).

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