Big Yellow Group (BYG) Stock Rating Reaffirmed by Numis Securities

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Big Yellow Group (LON:BYG)‘s stock had its “hold” rating reissued by equities researchers at Numis Securities in a report released on Thursday, July 19th.

Other research analysts also recently issued research reports about the stock. Peel Hunt increased their price objective on shares of Big Yellow Group from GBX 800 ($10.36) to GBX 900 ($11.65) and gave the company a “hold” rating in a report on Tuesday, May 22nd. Liberum Capital reissued a “hold” rating on shares of Big Yellow Group in a report on Tuesday, May 22nd. Berenberg Bank downgraded shares of Big Yellow Group to a “hold” rating and increased their price objective for the company from GBX 920 ($11.91) to GBX 1,000 ($12.94) in a report on Monday, June 4th. Citigroup reissued a “neutral” rating and set a GBX 945 ($12.23) price objective on shares of Big Yellow Group in a report on Friday, June 22nd. Finally, JPMorgan Chase & Co. downgraded shares of Big Yellow Group to a “neutral” rating and set a GBX 950 ($12.30) price target for the company. in a report on Friday, May 25th. Nine equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus price target of GBX 930.56 ($12.05).

BYG stock traded down GBX 6.50 ($0.08) during trading on Thursday, reaching GBX 960 ($12.43). The company’s stock had a trading volume of 131,693 shares, compared to its average volume of 265,567. Big Yellow Group has a 1 year low of GBX 694.50 ($8.99) and a 1 year high of GBX 910.50 ($11.79).

In other Big Yellow Group news, insider Nicholas Vetch sold 38,112 shares of Big Yellow Group stock in a transaction on Tuesday, July 31st. The shares were sold at an average price of GBX 952 ($12.32), for a total value of £362,826.24 ($469,677.98). Also, insider John Trotman sold 90,138 shares of Big Yellow Group stock in a transaction on Tuesday, July 24th. The stock was sold at an average price of GBX 941 ($12.18), for a total transaction of £848,198.58 ($1,097,991.69). Over the last ninety days, insiders have sold 928,685 shares of company stock worth $880,715,297.

Big Yellow Group Company Profile

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 96 stores, including 22 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further ten Big Yellow self storage development sites (including one extension site), of which three have planning consent.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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