SIG plc Given “Buy” Rating at N+1 Singer (SHI)
SIG plc (LON:SHI)‘s stock had its “buy” rating reiterated by equities researchers at N+1 Singer in a research report issued on Tuesday. They currently have a GBX 250 ($4.29) price target on the stock. N+1 Singer’s price target indicates a potential upside of 29.53% from the company’s current price.
SIG plc (LON:SHI) opened at 184.30 on Tuesday. SIG plc has a one year low of GBX 164.049 and a one year high of GBX 219.10. The stock’s 50-day moving average is GBX 191.1 and its 200-day moving average is GBX 199.. The company’s market cap is £1.089 billion.
SHI has been the subject of a number of other recent research reports. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of SIG plc in a research note on Tuesday. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of SIG plc in a research note on Thursday, July 3rd. They now have a GBX 220 ($3.77) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of SIG plc in a research note on Monday, June 30th. They now have a GBX 190 ($3.26) price target on the stock. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 225 ($3.86).
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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