SIG Group (OTCMKTS:SIGCY) Upgraded to Strong-Buy at The Goldman Sachs Group

SIG Group (OTCMKTS:SIGCY) was upgraded by analysts at The Goldman Sachs Group to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

SIG Group Stock Up 1.3%

SIGCY opened at C$15.04 on Tuesday. SIG Group has a 12-month low of C$9.73 and a 12-month high of C$21.32. The business has a 50 day moving average of C$15.30 and a 200-day moving average of C$13.25.

SIG Group Company Profile

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.