Mel Ewell Buys 11,000 Shares of SIG plc (SHI) Stock
SIG plc (LON:SHI) insider Mel Ewell bought 11,000 shares of the firm’s stock in a transaction dated Tuesday, November 15th. The shares were acquired at an average price of GBX 90 ($1.12) per share, with a total value of £9,900 ($12,368.82).
Shares of SIG plc (LON:SHI) opened at 87.20 on Thursday. The firm’s market cap is GBX 515.68 billion. The company’s 50 day moving average price is GBX 110.98 and its 200-day moving average price is GBX 117.45. SIG plc has a 12-month low of GBX 86.60 and a 12-month high of GBX 149.80.
Several equities analysts have recently commented on the company. Deutsche Bank AG cut their price target on SIG plc from GBX 116 ($1.45) to GBX 100 ($1.25) and set a “hold” rating on the stock in a research note on Monday. Liberum Capital restated a “hold” rating and set a GBX 110 ($1.37) price target on shares of SIG plc in a research note on Tuesday, October 11th. Canaccord Genuity restated a “buy” rating and set a GBX 130 ($1.62) price target on shares of SIG plc in a research note on Friday, September 30th. Peel Hunt restated a “hold” rating on shares of SIG plc in a research note on Friday, November 11th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 120 ($1.50) price target on shares of SIG plc in a research note on Wednesday, August 10th. Eleven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 129.08 ($1.61).
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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