SIG plc’s Buy Rating Reaffirmed at Oriel Securities Ltd (SHI)
SIG plc (LON:SHI)‘s stock had its “buy” rating reiterated by stock analysts at Oriel Securities Ltd in a report issued on Friday, Analyst Ratings News reports.
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.
A number of other firms have also recently commented on SHI. 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. Separately, 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. 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 analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. SIG plc has an average rating of “Buy” and a consensus price target of GBX 228.70 ($3.85).
SIG plc is engaged in the supply of specialist products to construction and related markets in the United Kingdom, Ireland and Mainland Europe.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.