SIG (SHI) Given Buy Rating at Liberum Capital
SIG (LON:SHI)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a report issued on Tuesday.
Several other research analysts also recently weighed in on the company. Deutsche Bank lowered their target price on SIG from GBX 174 ($2.22) to GBX 144 ($1.84) and set a “hold” rating on the stock in a research note on Thursday, July 12th. Peel Hunt reiterated a “buy” rating on shares of SIG in a research note on Wednesday, July 4th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of SIG in a research note on Friday, May 11th. Finally, Numis Securities upgraded SIG to a “hold” rating and set a GBX 150 ($1.91) target price on the stock in a research note on Wednesday, April 18th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. SIG presently has a consensus rating of “Hold” and an average price target of GBX 157.50 ($2.01).
Shares of SHI stock opened at GBX 122 ($1.56) on Tuesday. SIG has a twelve month low of GBX 108.25 ($1.38) and a twelve month high of GBX 184.90 ($2.36).
SIG plc engages in the distribution and merchant of specialist building products for the construction and related markets in the United Kingdom, Ireland, and Mainland Europe. It offers insulation and energy management products, such as structural and technical insulations, dry linings, construction accessories, fixings, air handling systems, and modular housing systems.
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