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SIG plc (LON:SHI)‘s stock had its “buy” rating restated by stock analysts at Panmure Gordon in a report issued on Friday, American Banking & Market News reports. They currently have a GBX 262 ($4.41) target price on the stock. Panmure Gordon’s price objective indicates a potential upside of 46.37% from the stock’s previous close.

SHI has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd upgraded shares of SIG plc to a “buy” rating in a research note on Friday. They now have a GBX 230 ($3.87) price target on the stock. Separately, 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. Finally, 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. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 228.70 ($3.85).

Shares of SIG plc (LON:SHI) traded down 2.57% on Friday, hitting GBX 174.40. The stock had a trading volume of 1,657,592 shares. SIG plc has a 52-week low of GBX 160.50 and a 52-week 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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