SIG plc (SHI) Insider Acquires £150.48 in Stock
SIG plc (LON:SHI) insider Douglas Robertson acquired 132 shares of the firm’s stock in a transaction that occurred on Monday, October 17th. The stock was purchased at an average price of GBX 114 ($1.39) per share, with a total value of £150.48 ($183.40).
SIG plc (LON:SHI) traded up 0.62% during midday trading on Monday, reaching GBX 113.30. The company’s stock had a trading volume of 1,242,565 shares. SIG plc has a 12-month low of GBX 98.30 and a 12-month high of GBX 178.90. The stock’s market cap is GBX 670.00 million. The stock’s 50 day moving average is GBX 119.71 and its 200 day moving average is GBX 122.28.
The business also recently disclosed a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be paid a GBX 1.83 ($0.02) dividend. This represents a dividend yield of 1.82%. The ex-dividend date of this dividend is Thursday, October 6th.
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A number of equities analysts have commented on the stock. Davy Research reiterated a “neutral” rating on shares of SIG plc in a report on Friday, August 5th. Liberum Capital reduced their target price on shares of SIG plc from GBX 135 ($1.65) to GBX 110 ($1.34) and set a “hold” rating for the company in a report on Thursday, July 14th. Peel Hunt reiterated a “hold” rating and issued a GBX 130 ($1.58) target price on shares of SIG plc in a report on Tuesday, August 9th. Jefferies Group reduced their target price on shares of SIG plc from GBX 180 ($2.19) to GBX 140 ($1.71) and set a “buy” rating for the company in a report on Wednesday, June 29th. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 165 ($2.01) target price on shares of SIG plc in a report on Monday, July 25th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. SIG plc presently has a consensus rating of “Hold” and a consensus target price of GBX 139.58 ($1.70).
SIG plc Company Profile
SIG plc is a United Kingdom-based distributor of building products in Europe. The Company is engaged in the supply of specialist products to construction and related markets. It operates in two segments: UK & Ireland and Mainland Europe. It focuses its activities into approximately three product sectors: Insulation and Energy Management; Exteriors, and Interiors.
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