SIG plc Stock Rating Reaffirmed by Jefferies Group (SHI)
SIG plc (LON:SHI)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Friday. They currently have a GBX 220 ($3.70) price target on the stock. Jefferies Group’s price objective would indicate a potential upside of 32.85% from the company’s current price.
Several other analysts have also recently commented on the stock. 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. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of SIG plc in a research note on Tuesday. They now have a GBX 245 ($4.12) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of SIG plc in a research note on Friday, August 1st. They now have a GBX 189 ($3.18) price target on the stock. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. SIG plc has a consensus rating of “Buy” and a consensus price target of GBX 221.27 ($3.72).
SIG plc (LON:SHI) opened at 167.90 on Friday. SIG plc has a one year low of GBX 164.00 and a one year high of GBX 219.10. The stock’s 50-day moving average is GBX 176.3 and its 200-day moving average is GBX 193.1. The company’s market cap is £992.5 million.
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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