Big Yellow Group plc -3.0% potential downside indicated by RBC Capital Markets

Big Yellow Group plc with ticker (LON:BYG) now has a potential downside of -3.0% according to RBC Capital Markets.



RBC Capital Markets set a target price of 1,125 GBX for the company, which when compared to the Big Yellow Group plc share price of 1,160 GBX at opening today (14/06/2023) indicates a potential downside of -3.0%. Trading has ranged between 939 (52 week low) and 1,440 (52 week high) with an average of 202,483 shares exchanging hands daily. The market capitalisation at the time of writing is £2,102,834,475.

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.