Peel Hunt reissued their hold rating on shares of Big Yellow Group (LON:BYG) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other brokerages have also commented on BYG. Goldman Sachs Group upgraded to a buy rating and set a GBX 1,180 ($15.42) price objective for the company in a report on Tuesday, June 4th. Numis Securities reiterated a hold rating and set a GBX 1,618 ($21.14) price objective on shares of Close Brothers Group in a report on Wednesday, May 22nd. Morgan Stanley increased their price objective on TELUS from C$53.00 to C$55.00 in a report on Thursday, March 14th. JPMorgan Chase & Co. set a $69.00 target price on Helmerich & Payne and gave the company a buy rating in a research report on Wednesday, June 5th. Finally, Liberum Capital reissued a buy rating and issued a GBX 500 ($6.53) target price on shares of Majestic Wine in a research report on Tuesday, May 21st. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 1,019.88 ($13.33).

Shares of BYG opened at GBX 1,036 ($13.54) on Tuesday. Big Yellow Group has a 12 month low of GBX 834 ($10.90) and a 12 month high of GBX 1,077 ($14.07). The firm’s fifty day simple moving average is GBX 1,015.67. The company has a debt-to-equity ratio of 31.56, a quick ratio of 0.52 and a current ratio of 0.84. The stock has a market cap of $1.73 billion and a price-to-earnings ratio of 13.28.

The company also recently announced a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 20th will be given a GBX 16.50 ($0.22) dividend. This represents a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, June 20th. Big Yellow Group’s payout ratio is 0.42%.

In related news, insider Richard Cotton sold 3,763 shares of the company’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of GBX 1,024 ($13.38), for a total value of £38,533.12 ($50,350.35).

Big Yellow Group Company Profile

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 97 stores, including 22 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further eleven Big Yellow self storage development sites (including two extension sites), of which two have planning consent.

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Analyst Recommendations for Big Yellow Group (LON:BYG)

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