Peel Hunt Reiterates “Hold” Rating for SIG plc (SHI)
SIG plc (LON:SHI)‘s stock had its “hold” rating reiterated by stock analysts at Peel Hunt in a research report issued to clients and investors on Friday.
SHI has been the topic of a number of other research reports. Goodbody restated a “hold” rating on shares of SIG plc in a report on Friday, September 9th. Deutsche Bank AG restated a “hold” rating on shares of SIG plc in a report on Wednesday, September 7th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 130 ($1.62) price target on shares of SIG plc in a research note on Friday, September 30th. Jefferies Group reiterated a “buy” rating and issued a GBX 140 ($1.75) price target on shares of SIG plc in a research note on Friday, August 5th. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 110 ($1.37) price target on shares of SIG plc in a research note on Tuesday, October 11th. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. SIG plc has a consensus rating of “Hold” and a consensus price target of GBX 129.08 ($1.61).
SIG plc (LON:SHI) opened at 90.02 on Friday. The company’s market cap is GBX 532.33 million. SIG plc has a 12 month low of GBX 88.20 and a 12 month high of GBX 149.80. The firm’s 50-day moving average is GBX 112.43 and its 200-day moving average is GBX 118.13.
In other SIG plc news, insider Janet E. Ashdown bought 11,000 shares of the firm’s stock in a transaction on Monday, November 14th. The stock was acquired at an average price of GBX 91 ($1.14) per share, with a total value of £10,010 ($12,506.25).
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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