Big Yellow Group plc 20.1% potential upside indicated by JP Morgan Cazenove

Big Yellow Group plc with ticker (LON:BYG) now has a potential upside of 20.1% according to JP Morgan Cazenove.



JP Morganset a target price of 1,350 GBX for the company, which when compared to the Big Yellow Group plc share price of 1,124 GBX at opening today (31/05/2023) indicates a potential upside of 20.1%. Trading has ranged between 939 (52 week low) and 1,440 (52 week high) with an average of 198,196 shares exchanging hands daily. The market capitalisation at the time of writing is £2,113,888,884.

Big Yellow Group PLC is a United Kingdom-based company, which is engaged in the provision of self-storage and related services. The Company provides secure and modern self-storage units for homes and businesses. It operates from a platform of 106 storage facilities, including 24 branded as Armadillo Self Storage. The Company operates from a platform of approximately 108 principally freehold stores. The maximum lettable area of the platform is approximately 6.3 million square feet. The Company’s subsidiaries include Big Yellow Self Storage Company Limited, which is engaged in self-storage; Big Yellow Construction Company Limited, which is engaged in construction management; Big Yellow Holding Company Limited, which is a holding company; BYRCo Limited, which is engaged in property management, Big Yellow Limited Partners, which is engaged in self-storage; Armadillo Storage Holding Company Limited, which is a holding company; Kator Storage Limited, which is a self-storage, and more.