SIG’s (SHI) Underweight Rating Reiterated at JPMorgan Chase & Co.
JPMorgan Chase & Co. reaffirmed their underweight rating on shares of SIG (LON:SHI) in a research report released on Friday morning. The brokerage currently has a GBX 135 ($1.90) price target on the stock.
Other analysts have also issued research reports about the company. Peel Hunt reaffirmed a buy rating and issued a GBX 194 ($2.72) price objective on shares of SIG in a report on Tuesday, January 23rd. Shore Capital reaffirmed a buy rating on shares of SIG in a report on Tuesday, November 21st. Jefferies Group upgraded SIG to a buy rating and lifted their target price for the company from GBX 150 ($2.11) to GBX 200 ($2.81) in a research report on Tuesday, November 28th. Deutsche Bank lifted their target price on SIG from GBX 163 ($2.29) to GBX 174 ($2.44) and gave the company a hold rating in a research report on Monday, January 8th. Finally, Liberum Capital reiterated a sell rating and set a GBX 157 ($2.20) target price on shares of SIG in a research report on Tuesday, November 21st. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 153.60 ($2.16).
Shares of SIG (LON SHI) opened at GBX 155 ($2.18) on Friday. SIG has a 52-week low of GBX 102.70 ($1.44) and a 52-week high of GBX 184.90 ($2.60). The stock has a market cap of $916.90 and a price-to-earnings ratio of -553.57.
SIG 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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