Liberum Capital Reiterates “Hold” Rating for SIG plc (SHI)
SIG plc (LON:SHI)‘s stock had its “hold” rating reaffirmed by analysts at Liberum Capital in a research report issued to clients and investors on Thursday. They currently have a GBX 158 ($2.68) price objective on the stock. Liberum Capital’s price objective would indicate a potential downside of 14.96% from the stock’s previous close.
A number of other analysts have also recently weighed in on SHI. Analysts at Deutsche Bank reiterated a “hold” rating on shares of SIG plc in a research note on Friday, June 6th. They now have a GBX 190 ($3.23) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of SIG plc in a research note on Thursday, June 5th. They now have a GBX 262 ($4.45) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of SIG plc in a research note on Tuesday, June 3rd. They now have a GBX 245 ($4.16) price target on the stock. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 225 ($3.82).
Shares of SIG plc (LON:SHI) opened at 188.10 on Thursday. 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 190.9 and its 200-day moving average is GBX 201.5. The company’s market cap is £1.112 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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