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

UBS Group upgraded shares of SIG Group (OTCMKTS:SIGCY) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

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

SIG Group Stock Down 1.1%

Shares of SIGCY opened at C$14.88 on Tuesday. SIG Group has a 1-year low of C$9.73 and a 1-year high of C$21.32. The firm’s 50-day moving average price is C$15.29 and its 200-day moving average price is C$13.26.

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.