SIG Group (OTCMKTS:SIGCY) Raised to “Strong-Buy” at The Goldman Sachs Group

SIG Group (OTCMKTS:SIGCY) was upgraded by equities researchers at The Goldman Sachs Group to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

SIG Group Trading Up 1.3%

Shares of SIG Group stock opened at C$15.04 on Tuesday. The business’s fifty day moving average price is C$15.30 and its 200 day moving average price is C$13.25. SIG Group has a twelve month low of C$9.73 and a twelve month high of C$21.32.

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.