N 1 Singer Reiterates “Buy” Rating for SIG plc (SHI)
SIG plc (LON:SHI)‘s stock had its “buy” rating restated by equities researchers at N 1 Singer in a research report issued on Friday, American Banking News reports. They currently have a GBX 250 ($4.21) price objective on the stock. N 1 Singer’s price target suggests a potential upside of 39.66% from the company’s current price.
A number of other firms have also recently commented on SHI. Analysts at N+1 Singer reiterated a “buy” rating on shares of SIG plc in a research note on Friday. They now have a GBX 250 ($4.21) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of SIG plc in a research note on Monday. They now have a GBX 190 ($3.20) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of SIG plc in a research note on Friday, April 25th. They now have a GBX 190 ($3.20) price target on the stock. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. SIG plc currently has a consensus rating of “Buy” and a consensus price target of GBX 228.70 ($3.85).
Shares of SIG plc (LON:SHI) traded down 2.57% during mid-day trading on Friday, hitting GBX 174.40. The stock had a trading volume of 1,657,592 shares. SIG plc has a 1-year low of GBX 160.50 and a 1-year high of GBX 219.10. The stock’s 50-day moving average is GBX 198.2 and its 200-day moving average is GBX 204.4. The company’s market cap is £1.031 billion.
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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