Analyst Price Target is GBX 1,202
▲ +12.55% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Big Yellow Group in the last 3 months. The average price target is GBX 1,202, with a high forecast of GBX 1,350 and a low forecast of GBX 1,100. The average price target represents a 12.55% upside from the last price of GBX 1,068.
Current Consensus is
Hold
The current consensus among 5 investment analysts is to hold stock in Big Yellow Group. This Hold consensus rating has held steady for over two years.
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. When fully built out the portfolio will provide approximately 7.3 million sq ft of flexible storage space. 99% of our stores and sites by value are held freehold and long leasehold, with the remaining 1% short leasehold. The Group has pioneered the development of the latest generation of self storage facilities, which utilise state of the art technology and are located in high profile, accessible, main road locations. Our focus on the location and visibility of our stores, with excellent customer service, a market-leading online platform, and significant and increasing investment in sustainability, has created in Big Yellow the most recognised brand name in the UK self storage industry.
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