Rating Change: Analysts at Jefferies International Maintained their Buy rating for Big Yellow Group Plc (LON:BYG) with GBX 740.00 Target Price

November 23, 2016 - By olga

Big Yellow Group Plc (LON:BYG) Rating

The company have set target price per share of GBX 740.00 on Big Yellow Group Plc (LON:BYG) shares. This is 10.57% from the last stock price. In analysts note shared with investors and clients on Wednesday, 23 November, Jefferies International reconfirmed their Buy rating on shares of BYG.

Big Yellow Group plc (LON:BYG) Ratings Coverage

Out of 12 analysts covering Big Yellow Group (LON:BYG), 6 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 50% are positive. GBX 995 is the highest target while GBX 654 is the lowest. The GBX 777.50 average target is 16.74% above today’s (GBX 666) stock price. Big Yellow Group has been the topic of 60 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was maintained by Liberum Capital on Tuesday, March 1 with “Hold”. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, October 13. The rating was maintained by Goldman Sachs on Wednesday, June 29 with “Neutral”. The firm has “Hold” rating by Peel Hunt given on Tuesday, November 17. The rating was downgraded by Goldman Sachs on Friday, May 27 to “Neutral”. JP Morgan downgraded the shares of BYG in a report on Wednesday, June 22 to “Underweight” rating. Numis Securities maintained it with “Add” rating and GBX 905 target price in Thursday, March 24 report. Numis Securities maintained the shares of BYG in a report on Tuesday, October 6 with “Add” rating. Goldman Sachs downgraded the stock to “Buy” rating in Tuesday, November 24 report. The stock has “Hold” rating given by Jefferies on Monday, November 23.

About 28,112 shares traded hands. Big Yellow Group plc (LON:BYG) has declined 13.79% since April 26, 2016 and is downtrending. It has underperformed by 19.12% the S&P500.

Big Yellow Group PLC is a United Kingdom company, which is engaged in the provision of self-storage and related services. The company has a market cap of 1.05 billion GBP. The Firm operates from a platform of approximately 89 stores, including 16 stores branded as Armadillo Self Storage. It has a 9.59 P/E ratio. The Firm also owns over seven Big Yellow self-storage development sites , of which two have planning consent.

More recent Big Yellow Group plc (LON:BYG) news were published by: Fool.Co.Uk which released: “Boring but brilliant: Hoard your cash with Big Yellow Group plc and Safestore …” on May 24, 2016. Also Fool.Co.Uk published the news titled: “Why HSBC Holdings plc, Greggs PLC & Big Yellow Group PLC Are Stunning Growth …” on January 12, 2016. Fool.Co.Uk‘s news article titled: “Why I Would Buy Big Yellow Group plc, Finsbury Food Group plc And AstraZeneca plc” with publication date: July 16, 2015 was also an interesting one.

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