Big Yellow Group plc (LON:BYG) had its price objective cut by Jefferies Group from GBX 776 ($9.63) to GBX 740 ($9.18) in a report published on Wednesday. They currently have a buy rating on the stock.
Several other brokerages have also commented on BYG. Peel Hunt reiterated a hold rating and set a GBX 675 ($8.37) price objective on shares of Big Yellow Group plc in a report on Tuesday, November 22nd. Numis Securities Ltd reiterated an add rating and set a GBX 808 ($10.02) price objective on shares of Big Yellow Group plc in a report on Tuesday, November 22nd. Liberum Capital upgraded Big Yellow Group plc to a buy rating and increased their price objective for the company from GBX 785 ($9.74) to GBX 800 ($9.92) in a report on Tuesday, November 1st. JPMorgan Chase & Co. decreased their price objective on Big Yellow Group plc from GBX 865 ($10.73) to GBX 820 ($10.17) and set an underweight rating for the company in a report on Tuesday, September 6th. Finally, Morgan Stanley decreased their price objective on Big Yellow Group plc from GBX 800 ($9.92) to GBX 720 ($8.93) and set an equal weight rating for the company in a report on Wednesday, August 31st. Two 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 company has a consensus rating of Hold and a consensus target price of GBX 784.70 ($9.73).
Shares of Big Yellow Group plc (LON:BYG) opened at 664.00 on Wednesday. The company’s market cap is GBX 1.04 billion. The firm’s 50-day moving average price is GBX 690.12 and its 200 day moving average price is GBX 751.43. Big Yellow Group plc has a 12-month low of GBX 648.50 and a 12-month high of GBX 893.50.
The business also recently disclosed a dividend, which will be paid on Friday, January 6th. Shareholders of record on Thursday, December 8th will be paid a dividend of GBX 13.50 ($0.17) per share. The ex-dividend date of this dividend is Thursday, December 8th. This represents a dividend yield of 2.02%. This is a positive change from Big Yellow Group plc’s previous dividend of $12.80.
In other Big Yellow Group plc news, insider Gibson,James sold 66,098 shares of Big Yellow Group plc stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of GBX 767 ($9.51), for a total transaction of £506,971.66 ($628,919.07). Also, insider Tim Clark acquired 1,963 shares of Big Yellow Group plc stock in a transaction on Thursday, September 22nd. The shares were bought at an average price of GBX 776 ($9.63) per share, with a total value of £15,232.88 ($18,897.01).