SIG plc (SHI) Earns “Buy” Rating from Peel Hunt
A number of other research firms have also recently issued reports on SHI. Numis Securities Ltd cut shares of SIG plc to a reduce rating and set a GBX 150 ($1.97) price target for the company. in a report on Friday, August 18th. Liberum Capital raised their price target on shares of SIG plc from GBX 95 ($1.25) to GBX 157 ($2.06) and gave the stock a sell rating in a report on Friday, August 18th. Shore Capital reaffirmed a buy rating on shares of SIG plc in a report on Tuesday, August 8th. Finally, Deutsche Bank AG reiterated a hold rating and issued a GBX 155 ($2.04) price objective on shares of SIG plc in a research note on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 140.70 ($1.85).
SIG plc (LON SHI) opened at GBX 166.90 ($2.20) on Tuesday. SIG plc has a fifty-two week low of GBX 89 ($1.17) and a fifty-two week high of GBX 184.90 ($2.43).
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SIG plc Company Profile
SIG plc is a United Kingdom-based distributor of building products in Europe. The Company is engaged in the supply of specialist products to construction and related markets. It operates in two segments: UK & Ireland and Mainland Europe. It focuses its activities into approximately three product sectors: Insulation and Energy Management; Exteriors, and Interiors.
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