SIG Stock Rating Reaffirmed by Deutsche Bank (SIG)
SIG (LON:SIG)‘s stock had its “hold” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a GBX 182 ($2.99) price objective on the stock. Deutsche Bank’s price objective suggests a potential downside of 96.17% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “outperform” rating on shares of SIG in a research note on Thursday, January 23rd. They now have a GBX 5,500 ($90.24) price target on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of SIG in a research note on Thursday, January 16th. They now have a GBX 5,000 ($82.03) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of SIG in a research note on Thursday, December 12th. They now have a GBX 193 ($3.17) price target on the stock. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 1,173.65 ($19.26).
Shares of SIG (LON:SIG) opened at 4718.23 on Thursday. SIG has a one year low of GBX 3750.00 and a one year high of GBX 4985.00. The stock’s 50-day moving average is GBX 4684. and its 200-day moving average is GBX 4629.. The company’s market cap is £3.785 billion.
Signet Jewelers Limited (LON:SIG) is a specialty retail jeweler by sales in the United States and United Kingdom, and also has stores in the Republic of Ireland and Channel Islands.
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