Signet Jewelers Limited Receives Average Recommendation of “Buy” from Brokerages (LON:SIG)
Shares of Signet Jewelers Limited (LON:SIG) have earned a consensus recommendation of “Buy” from the twelve analysts that are covering the company, ARN reports. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,720.91 ($28.77).
SIG has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Signet Jewelers Limited in a research note on Tuesday. They now have a GBX 6,800 ($113.67) price target on the stock.
Shares of Signet Jewelers Limited (LON:SIG) traded up 1.01% during mid-day trading on Tuesday, hitting GBX 6417.00. The stock had a trading volume of 1,968 shares. Signet Jewelers Limited has a one year low of GBX 1660.00 and a one year high of GBX 6593.00. The stock’s 50-day moving average is GBX 6331. and its 200-day moving average is GBX 6025.83. The company’s market cap is £5.147 billion.
Signet Jewelers Limited (LON:SIG) is a specialty retail jeweler by sales in the United States and United Kingdom, and also has stores in the Republic of Ireland and Channel Islands.
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