SIG plc (SHI) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of SIG plc (LON:SHI) have been assigned an average recommendation of “Hold” from the twelve analysts that are currently covering the company. Ten equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 122.80 ($1.52).
SHI has been the topic of a number of recent analyst reports. Jefferies Group reissued a “buy” rating and issued a GBX 140 ($1.74) price target on shares of SIG plc in a research report on Friday, August 5th. Davy Research reissued a “neutral” rating on shares of SIG plc in a research report on Friday, August 5th. Peel Hunt reaffirmed a “hold” rating and set a GBX 130 ($1.61) target price on shares of SIG plc in a research report on Tuesday, August 9th. Panmure Gordon reaffirmed a “buy” rating and set a GBX 165 ($2.05) target price on shares of SIG plc in a research report on Tuesday, August 9th. Finally, Goodbody reaffirmed a “hold” rating on shares of SIG plc in a research report on Tuesday, August 9th.
SIG plc (LON:SHI) traded down 0.22% during mid-day trading on Tuesday, hitting GBX 91.25. 769,030 shares of the company were exchanged. SIG plc has a 12-month low of GBX 86.60 and a 12-month high of GBX 149.80. The stock’s 50 day moving average is GBX 105.12 and its 200-day moving average is GBX 115.31. The company’s market cap is GBX 539.61 million.
In other news, insider Janet E. Ashdown bought 11,000 shares of SIG plc stock in a transaction dated Monday, November 14th. The shares were bought at an average price of GBX 91 ($1.13) per share, for a total transaction of £10,010 ($12,417.81).
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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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