Big Yellow Group (BYG) Stock Forecast & Price Target

GBX 1,172

+26.00 (+2.27%)

(As of 07/26/2024 ET)

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Big Yellow Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 3 Analyst Ratings

Based on 3 Wall Street analysts who have issued ratings for Big Yellow Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 3 analysts, 1 has given a hold rating, and 2 have given a buy rating for BYG.

Consensus Price Target

GBX 1,343

High Forecast	GBX 1,385
Average Forecast	GBX 1,343
Low Forecast	GBX 1,285

According to the 3 analysts' twelve-month price targets for Big Yellow Group, the average price target is GBX 1,343. The highest price target for BYG is GBX 1,385, while the lowest price target for BYG is GBX 1,285. The average price target represents a forecasted upside of 14.59% from the current price of GBX 1,172.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	GBX 1,343	GBX 1,343	GBX 1,202	GBX 1,193.75

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BYG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BYG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Big Yellow Group Stock vs. The Competition

Type	Big Yellow Group	Real Estate Companies
Consensus Rating Score	2.67	2.49
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/23/2024	JPMorgan Chase & Co. 3 of 5 stars	Boost Target	Overweight	GBX 1,315 ➝ GBX 1,385	+13.52%
5/21/2024	Jefferies Financial Group 2 of 5 stars	Reiterated Rating	Buy	GBX 1,359	+10.31%
5/21/2024	Berenberg Bank 2 of 5 stars	Boost Target	Hold	GBX 1,186 ➝ GBX 1,285	+4.30%
6/6/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underperform	GBX 1,100 ➝ GBX 1,125	-5.38%
5/24/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	GBX 1,200	+3.60%
5/23/2023	Peel Hunt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold	GBX 1,100	-6.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:14 AM ET.

BYG Forecast - Frequently Asked Questions

What is Big Yellow Group's forecast for 2024?: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Big Yellow Group is GBX 1,343, with a high forecast of GBX 1,385 and a low forecast of GBX 1,285.
Should I buy or sell Big Yellow Group stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Big Yellow Group in the last twelve months. There is currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BYG shares.
Does Big Yellow Group's stock price have much upside?: According to analysts, Big Yellow Group's stock has a predicted upside of 9.36% based on their 12-month stock forecasts.
What analysts cover Big Yellow Group?: Big Yellow Group has been rated by research analysts at Berenberg Bank, Jefferies Financial Group, and JPMorgan Chase & Co. in the past 90 days.
Do Wall Street analysts like Big Yellow Group more than its competitors?: Analysts like Big Yellow Group more than other "real estate" companies. The consensus rating for Big Yellow Group is Moderate Buy while the average consensus rating for "real estate" companies is Hold. Learn more on how BYG compares to other companies.