SIG PLC Rating Reiterated by Davy Research (SHI)
SIG PLC (LON:SHI)‘s stock had its “neutral” rating reiterated by Davy Research in a research note issued on Thursday, StockRatingsNetwork reports.
Shares of SIG PLC (LON:SHI) traded down 1.10% on Thursday, hitting GBX 206.70. 3,095,199 shares of the company’s stock traded hands. SIG PLC has a 52-week low of GBX 125.50 and a 52-week high of GBX 219.10. The stock’s 50-day moving average is GBX 210.7 and its 200-day moving average is GBX 192.4. The company’s market cap is £1.221 billion.
A number of other firms have also recently commented on SHI. Analysts at Deutsche Bank reiterated a “hold” rating on shares of SIG PLC in a research note to investors on Tuesday. They now have a GBX 153 ($2.51) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of SIG PLC in a research note to investors on Tuesday. They now have a GBX 245 ($4.02) price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 211.44 ($3.47).
SIG plc is engaged in the supply of specialist products to construction and related markets in the United Kingdom, Ireland and Mainland Europe.
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