SIG plc’s (SHI) Buy Rating Reaffirmed at Canaccord Genuity
Other research analysts have also issued research reports about the company. Peel Hunt reaffirmed a hold rating and set a GBX 130 ($1.70) price objective on shares of SIG plc in a research report on Tuesday, August 9th. Panmure Gordon reiterated a buy rating and set a GBX 195 ($2.55) target price on shares of SIG plc in a research note on Tuesday, June 21st. Deutsche Bank AG cut their target price on SIG plc from GBX 118 ($1.54) to GBX 116 ($1.51) and set a hold rating on the stock in a research note on Wednesday, August 10th. Davy Research reiterated a neutral rating on shares of SIG plc in a research note on Friday, August 5th. Finally, Goodbody reiterated a hold rating on shares of SIG plc in a research note on Tuesday, August 9th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of Hold and an average price target of GBX 139.58 ($1.82).
SIG plc (LON:SHI) traded up 1.63% on Friday, reaching GBX 118.20. The company’s stock had a trading volume of 767,511 shares. The stock’s market cap is GBX 698.98 million. The company’s 50 day moving average price is GBX 119.49 and its 200-day moving average price is GBX 124.80. SIG plc has a 12-month low of GBX 98.30 and a 12-month high of GBX 180.30.
The business also recently declared a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 6th will be given a GBX 1.83 ($0.02) dividend. The ex-dividend date is Thursday, October 6th. This represents a yield of 1.82%.
About SIG plc
SIG plc is a United Kingdom-based distributor of building products in Europe. The Company is engaged in the supply of specialist products to construction and related markets. It operates in two segments: UK & Ireland and Mainland Europe. It focuses its activities into approximately three product sectors: Insulation and Energy Management; Exteriors, and Interiors.
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