Several other research firms have also recently weighed in on SHI. Jefferies Group raised SIG to a buy rating and boosted their price objective for the stock from GBX 150 ($2.07) to GBX 200 ($2.76) in a research report on Tuesday, November 28th. Shore Capital reissued a buy rating on shares of SIG in a research report on Thursday, February 1st. Liberum Capital reissued a sell rating and set a GBX 157 ($2.17) price objective on shares of SIG in a research report on Tuesday, November 14th. Deutsche Bank reissued a hold rating and set a GBX 174 ($2.40) price objective on shares of SIG in a research report on Monday, January 29th. Finally, Berenberg Bank boosted their price objective on SIG from GBX 145 ($2.00) to GBX 160 ($2.21) and gave the stock a hold rating in a research report on Tuesday, February 20th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 157.36 ($2.17).
Shares of SIG (LON SHI) traded down GBX 13.50 ($0.19) during trading hours on Friday, hitting GBX 136.30 ($1.88). The company’s stock had a trading volume of 14,953,140 shares, compared to its average volume of 1,890,000. SIG has a 12 month low of GBX 104.60 ($1.45) and a 12 month high of GBX 184.90 ($2.55). The firm has a market capitalization of $806.28 and a PE ratio of -486.79.
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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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