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SIG plc (LON:SHI)‘s stock had its “neutral” rating restated by stock analysts at Davy Research in a report issued on Tuesday.

SIG plc (LON:SHI) traded down 6.84% during mid-day trading on Tuesday, hitting GBX 179.80. The stock had a trading volume of 1,562,771 shares. SIG plc has a 52-week low of GBX 164.049 and a 52-week high of GBX 219.10. The stock has a 50-day moving average of GBX 191.1 and a 200-day moving average of GBX 199.. The company’s market cap is £1.063 billion.

SHI has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of SIG plc in a research note on Tuesday. They now have a GBX 262 ($4.49) price target on the stock. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of SIG plc in a research note on Tuesday. They now have a GBX 280 ($4.80) 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 Tuesday. They now have a GBX 250 ($4.29) price target on the stock. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price 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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