SIG PLC’s Hold Rating Reaffirmed at Deutsche Bank (SHI)
SIG PLC (LON:SHI)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Friday, American Banking and Market News reports. They currently have a GBX 182 ($3.00) price target on the stock. Deutsche Bank’s price target suggests a potential downside of 7.24% from the stock’s previous close.
SIG PLC (LON:SHI) opened at 196.20 on Friday. SIG PLC has a 52-week low of GBX 130.30 and a 52-week high of GBX 219.10. The stock has a 50-day moving average of GBX 207.7 and a 200-day moving average of GBX 196.2. The company’s market cap is £1.159 billion.
SHI has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of SIG PLC in a research note to investors on Tuesday. Separately, analysts at N+1 Singer initiated coverage on shares of SIG PLC in a research note to investors on Tuesday, January 21st. They set a “buy” rating and a GBX 250 ($4.12) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of SIG PLC in a research note to investors on Wednesday, January 15th. They now have a GBX 230 ($3.79) price target on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 230.40 ($3.80).
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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