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SIG plc (LON:SHI)‘s stock had its “buy” rating reaffirmed by research analysts at Oriel Securities Ltd in a report released on Tuesday.

Shares of SIG plc (LON:SHI) opened at 171.50 on Tuesday. SIG plc has a 52-week low of GBX 164.00 and a 52-week high of GBX 219.10. The stock has a 50-day moving average of GBX 175. and a 200-day moving average of GBX 192.5. The company’s market cap is £1.014 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of SIG plc in a research note on Friday. They now have a GBX 262 ($4.40) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of SIG plc in a research note on Friday. They now have a GBX 220 ($3.69) 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 Friday. They now have a GBX 250 ($4.19) 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’s stock. SIG plc currently has a consensus rating of “Buy” and an average target price of GBX 221.27 ($3.71).

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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