Big Yellow Group (LON:BYG) Sets New 12-Month High at $1,328.00

Big Yellow Group Plc (LON:BYG)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 1,328 ($17.37) and last traded at GBX 1,324 ($17.31), with a volume of 13590 shares. The stock had previously closed at GBX 1,306 ($17.08).

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,359 ($17.77) price target on shares of Big Yellow Group in a report on Tuesday, May 21st. Berenberg Bank boosted their price objective on Big Yellow Group from GBX 1,186 ($15.51) to GBX 1,285 ($16.80) and gave the company a “hold” rating in a research note on Tuesday, May 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Big Yellow Group from GBX 1,315 ($17.20) to GBX 1,385 ($18.11) and gave the stock an “overweight” rating in a research note on Thursday, May 23rd.

Big Yellow Group Trading Up 1.2 %

The stock has a fifty day simple moving average of GBX 1,229.34 and a 200 day simple moving average of GBX 1,155.89. The firm has a market capitalization of £2.61 billion, a P/E ratio of 1,060.32, a PEG ratio of 2.40 and a beta of 0.72. The company has a quick ratio of 0.29, a current ratio of 0.36 and a debt-to-equity ratio of 16.76.

About Big Yellow Group

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 109 stores, including 24 stores branded as Armadillo Self Storage. We have a pipeline of 0.9 million sq ft comprising 13 proposed Big Yellow self storage facilities. The current maximum lettable area of the existing platform (including Armadillo) is 6.4 million sq ft.