SIG plc Stock Rating Reaffirmed by Jefferies Group (SHI)
SIG plc (LON:SHI)‘s stock had its “hold” rating reaffirmed by Jefferies Group in a research note issued on Friday, Analyst Ratings News reports. They currently have a GBX 220 ($3.71) target price on the stock. Jefferies Group’s target price suggests a potential upside of 22.91% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of SIG plc in a research note on Friday. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of SIG plc in a research note on Friday. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of SIG plc in a research note on Friday. They now have a GBX 262 ($4.41) price target on the stock. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 228.70 ($3.85).
Shares of SIG plc (LON:SHI) opened at 177.30 on Friday. SIG plc has a one year low of GBX 160.50 and a one 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 £1.048 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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