Big Yellow Group plc 7.7% potential upside indicated by Morgan Stanley

Big Yellow Group plc with ticker (LON:BYG) now has a potential upside of 7.7% according to Morgan Stanley.



Morgan Stanley set a target price of 1,750 GBX for the company, which when compared to the Big Yellow Group plc share price of 1,615 GBX at opening today (12/01/2022) indicates a potential upside of 7.7%. Trading has ranged between 1,040 (52 week low) and 1,760 (52 week high) with an average of 357,050 shares exchanging hands daily. The market capitalisation at the time of writing is £2,967,390,936.

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 for homes and businesses. The Company operates a platform of approximately 103 freehold stores, including 25 stores branded as Armadillo Self Storage. It also owns approximately 14 Big Yellow Self Storage development sites. The maximum lettable area of this platform is approximately six million square feet. The Company’s subsidiaries include Big Yellow Self Storage Company Limited, which is a general partner; 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, and Big Yellow (Battersea) Limited, which is engaged in self-storage.