Is Big Yellow Group (LON:BYG)


Big Yellow Group (LON:BYG) Receives a Downgrade

Kempen & Co has just lowered their rating on shares of Big Yellow Group (LON:BYG) to a Sell and currently has a GBX 745 target price on the stock. This was shared with investors in analysts report on Tuesday morning.

From a total of 12 analysts covering Big Yellow Group (LON:BYG) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 45% of the ratings are positive. The highest target price is GBX 954 while the lowest target price is GBX 661. The mean of all analyst targets is GBX 773 with a -2.17% below today’s (GBX 808) stock price. Big Yellow Group was the topic of 25 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 1 with “Hold” rating. JP Morgan maintained shares with “Overweight” rating and GBX 790 target share price in a report from a November 18. Citigroup maintained BYG stock in a recent report from November 24 with “Neutral” rating. Peel Hunt maintained the rating on November 17. Peel Hunt has a “Hold” rating and a GBX 675 price target on shares. Finally, Numis Securities maintained the stock with “Add” rating in a report issued on a November 19.

Approximately 40,072 shares of stock traded hands. Big Yellow Group plc (LON:BYG) has risen 25.72% since May 11, 2015 and is uptrending. It has outperformed by 26.32% the S&P500.

 Is Big Yellow Group (LON:BYG) a Stock One Should Sell Following Today’s Kempen & Co Downgrade?

Big Yellow Group PLC is a United Kingdom firm engaged in the provision of self- storage and related services. The company has a market cap of 1.29 billion GBP. Big Yellow operates from a platform of approximately 84 stores. It has 9.6 P/E ratio. The Firm has a portfolio of approximately 73 Big Yellow stores and site, of which approximately 70 are open.