Canaccord Genuity reissued their buy rating on shares of SIG plc (LON:SHI) in a research report sent to investors on Friday. Canaccord Genuity currently has a GBX 130 ($1.70) price target on the stock.
SHI has been the subject of several other reports. Peel Hunt reaffirmed a hold rating and issued a GBX 130 ($1.70) price target on shares of SIG plc in a report on Tuesday, August 9th. Panmure Gordon reaffirmed a buy rating and issued a GBX 195 ($2.55) price target on shares of SIG plc in a report on Tuesday, June 21st. Deutsche Bank AG decreased their price target on shares of SIG plc from GBX 118 ($1.54) to GBX 116 ($1.51) and set a hold rating for the company in a report on Wednesday, August 10th. Davy Research reaffirmed a neutral rating on shares of SIG plc in a report on Friday, August 5th. Finally, Goodbody reaffirmed a hold rating on shares of SIG plc in a report on Tuesday, August 9th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of GBX 139.58 ($1.82).
SIG plc (LON:SHI) opened at 120.75 on Friday. The stock’s market capitalization is GBX 714.06 million. The firm has a 50-day moving average of GBX 120.08 and a 200-day moving average of GBX 124.26. SIG plc has a one year low of GBX 98.30 and a one year high of GBX 180.30.
The firm also recently announced a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 6th will be issued a GBX 1.83 ($0.02) dividend. The ex-dividend date is Thursday, October 6th. This represents a dividend yield of 1.82%.
About SIG plc
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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