Big Yellow Group (BYG) Earns “Neutral” Rating from Citigroup

Big Yellow Group (LON:BYG)‘s stock had its “neutral” rating reaffirmed by equities researchers at Citigroup in a research note issued to investors on Friday.

Other research analysts have also issued research reports about the company. Berenberg Bank lowered Big Yellow Group to a “hold” rating and increased their price target for the stock from GBX 920 ($12.25) to GBX 1,000 ($13.31) in a report on Monday, June 4th. Liberum Capital restated a “hold” rating on shares of Big Yellow Group in a report on Tuesday, May 22nd. Morgan Stanley raised their target price on Big Yellow Group from GBX 830 ($11.05) to GBX 900 ($11.98) and gave the company an “equal weight” rating in a report on Tuesday, March 13th. Peel Hunt raised their target price on Big Yellow Group from GBX 800 ($10.65) to GBX 900 ($11.98) and gave the company a “hold” rating in a report on Tuesday, May 22nd. Finally, Numis Securities lowered Big Yellow Group to a “hold” rating and raised their target price for the company from GBX 885 ($11.78) to GBX 975 ($12.98) in a report on Wednesday, May 23rd. Nine investment analysts have rated the stock with a hold rating, Big Yellow Group presently has an average rating of “Hold” and a consensus target price of GBX 922.50 ($12.28).

Shares of Big Yellow Group opened at GBX 926 ($12.33) on Friday, Marketbeat Ratings reports. Big Yellow Group has a 52-week low of GBX 694.50 ($9.25) and a 52-week high of GBX 910.50 ($12.12).

About Big Yellow Group

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 92 stores, including 19 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further eight Big Yellow self storage development sites (including two extensions sites), of which two have planning consent.

Analyst Recommendations for Big Yellow Group (LON:BYG)

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