Big Yellow stock gets a target cut to 950 pence

Published on 09/16/2026 at 17:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oddo BHF cut Big Yellow stock to 950 pence from 980 pence on September 16, 2026. The shares traded at 1,094.00 pence, with a market cap of GBP 1.95 billion.

Fotorealistische Selfstorage-Anlage mit gelben Rolltoren und Lieferwagen auf dem Hof — Big Yellow Group plc (ISIN GB0002869419): fotorealistische Außenansicht einer modernen Selfstorage-Anlage mit gelben Rolltoren, Illustration mit AI erstellt.

Big Yellow stock (ISIN GB0002869419) is under pressure after Oddo BHF cut its price target to 950 pence from 980 pence and kept a neutral view on September 16, 2026. The shares traded at 1,094.00 pence on the London market, above that target and with a market value of GBP 1.95 billion.

Broker target moves lower

According to Morningstar, Oddo BHF cut Big Yellow's price target to 950 pence from 980 pence on September 16, 2026. That leaves the target 144.00 pence below the 1,094.00 pence quote, a gap of 13.2 percent.

The same broker note also trimmed Safestore to neutral and cut that target to 600 pence from 840 pence, which underlines a more cautious stance on UK self-storage names. For Big Yellow, the move matters because it comes with a concrete number change, not just a rating label.

What the market watches

Big Yellow's latest reported year is the 12 months ended March 31, 2026, which the company said delivered revenue of GBP 242.8 million and underlying earnings per share of 50.0 pence. The same reporting period showed underlying profit before tax of GBP 95.7 million, down from GBP 107.7 million a year earlier.

That comparison is the key point for investors: revenue rose 0.8 percent from GBP 241.0 million, while underlying profit before tax fell 11.1 percent from GBP 107.7 million. The mix points to a business that is still growing sales but faces a weaker profit line than a year earlier.

Price and valuation

As of September 16, 2026, Big Yellow stock traded at 1,094.00 pence on the London market, with a market capitalization of GBP 1.95 billion and a 52-week range of 1,038.00 pence to 1,384.00 pence. The share price sits 290.00 pence below the upper end of that band.