SIG plc (SHI) Given Hold Rating at Deutsche Bank AG
Several other equities research analysts also recently issued reports on SHI. Panmure Gordon restated a buy rating and set a GBX 195 ($2.41) price objective on shares of SIG plc in a report on Tuesday, June 21st. Jefferies Group dropped their price objective on SIG plc from GBX 180 ($2.23) to GBX 140 ($1.73) and set a buy rating on the stock in a report on Wednesday, June 29th. Liberum Capital dropped their price objective on SIG plc from GBX 135 ($1.67) to GBX 110 ($1.36) and set a hold rating on the stock in a report on Thursday, July 14th. Canaccord Genuity reiterated a buy rating and issued a GBX 135 ($1.67) target price on shares of SIG plc in a research report on Monday, July 18th. Finally, Davy Research reiterated a neutral rating on shares of SIG plc in a research report on Friday, August 5th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of GBX 139.58 ($1.73).
SIG plc (LON:SHI) traded up 1.97% during midday trading on Thursday, hitting GBX 113.60. The stock had a trading volume of 328,153 shares. The stock has a 50-day moving average price of GBX 120.04 and a 200 day moving average price of GBX 122.90. SIG plc has a one year low of GBX 98.30 and a one year high of GBX 178.90. The firm’s market cap is GBX 671.78 million.
The business also recently declared a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be paid a dividend of GBX 1.83 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 1.82%.
SIG plc Company Profile
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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