SIG plc Receives “Buy” Rating from Oriel Securities Ltd (SHI)
SHI has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of SIG plc in a research note on Friday, June 27th. They now have a GBX 245 ($4.20) price target on the stock. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 225 ($3.86).
Shares of SIG plc (LON:SHI) traded down 9.33% on Tuesday, hitting GBX 175.00. 5,001,983 shares of the company’s stock traded hands. SIG plc has a one year low of GBX 168.10 and a one year high of GBX 219.10. The stock has a 50-day moving average of GBX 190.6 and a 200-day moving average of GBX 199.6. The company’s market cap is £1.034 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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