Big Yellow Group (LON:BYG) Rating Increased to Buy at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft upgraded Big Yellow Group to a "buy" rating, with a new price target of GBX 1,200 ($15.85), indicating a potential upside of 30.29% from the stock's previous close.
• Big Yellow Group's shares opened at GBX 921 ($12.17) and reported a net margin of 120.15% alongside earnings per share of GBX 58.10 ($0.77) for the last quarter.
• The company has a market capitalization of £1.80 billion and maintains a strong position as the UK's brand leader in self-storage with 109 stores.

Big Yellow Group (LON:BYG - Get Free Report) was upgraded by Deutsche Bank Aktiengesellschaft to a "buy" rating in a research note issued to investors on Friday, Marketbeat.com reports. The firm currently has a GBX 1,200 ($15.95) target price on the stock, down from their prior target price of GBX 1,300 ($17.28). Deutsche Bank Aktiengesellschaft's target price would indicate a potential upside of 25.78% from the company's previous close.

Big Yellow Group Stock Up 2.4%

Big Yellow Group stock traded up GBX 22.07 ($0.29) on Friday, hitting GBX 954.07 ($12.68). 457,380 shares of the stock traded hands, compared to its average volume of 771,157. The business's fifty day simple moving average is GBX 969.24 and its 200 day simple moving average is GBX 955.37. The company has a current ratio of 0.36, a quick ratio of 0.29 and a debt-to-equity ratio of 16.68. The firm has a market cap of £1.86 billion, a P/E ratio of 7.73, a price-to-earnings-growth ratio of 2.40 and a beta of 0.72. Big Yellow Group has a 1 year low of GBX 829 ($11.02) and a 1 year high of GBX 1,344 ($17.86).

Big Yellow Group (LON:BYG - Get Free Report) last released its quarterly earnings results on Monday, May 19th. The company reported GBX 58.10 ($0.77) EPS for the quarter. Big Yellow Group had a net margin of 120.15% and a return on equity of 10.18%. As a group, sell-side analysts forecast that Big Yellow Group will post 57.4799434 earnings per share for the current year.

Big Yellow Group Company Profile

Big Yellow is the UK's brand leader in self storage. Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance. We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.