SIG Group (OTCMKTS:SIGCY) Rating Increased to Strong-Buy at UBS Group

SIG Group (OTCMKTS:SIGCY) was upgraded by stock analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, The Goldman Sachs Group upgraded shares of SIG Group to a “strong-buy” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

SIG Group Price Performance

Shares of SIGCY opened at C$14.88 on Tuesday. SIG Group has a twelve month low of C$9.73 and a twelve month high of C$21.32. The firm has a fifty day simple moving average of C$15.29 and a two-hundred day simple moving average of C$13.26.

About SIG Group

SIG Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products. The company provides aseptic carton filling lines, aseptic carton sleeves and closures, bag-in-box, and spouted pouch, as well as spare parts, maintenance, digital, add-on, training, and other services. It primarily operates in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company was formerly known as SIG Combibloc Group AG and changed its name to SIG Group AG in April 2022.