28 May 2025 | 7:31PM BST Big Yellow (BYG.L) Subdued demand environment; Neutral BYG.L 12m Price Target: 1,110p Price: 987p Upside: 12.5% Post Big Yellow's FY24/25 results, we update our adj. EPS by 0% to -2% for FY26E to FY28E. We are -1% / -5% below Visible Alpha Consensus Data for FY26E / FY27E as we expect limited occupancy improvements in the near term. Our NTA/sh forecasts decrease by -2%. Our 12m PT is unchanged at 1,110p, implying 12% upside potential; we maintain our Neutral rating. Revenue growth c ...