Shares of SIG plc (LON:SHI) have earned a consensus rating of “Hold” from the eleven brokerages that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 143.67 ($1.93).

Several analysts have issued reports on SHI shares. Deutsche Bank AG reissued a “hold” rating and set a GBX 155 ($2.08) target price on shares of SIG plc in a research note on Wednesday, August 9th. J P Morgan Chase & Co reissued an “underweight” rating on shares of SIG plc in a research note on Thursday, July 6th. Peel Hunt reissued a “buy” rating and set a GBX 175 ($2.35) target price on shares of SIG plc in a research note on Tuesday, August 8th. Jefferies Group LLC boosted their target price on shares of SIG plc from GBX 110 ($1.48) to GBX 150 ($2.02) and gave the company a “hold” rating in a research note on Monday, June 26th. Finally, Liberum Capital boosted their target price on shares of SIG plc from GBX 95 ($1.28) to GBX 157 ($2.11) and gave the company a “sell” rating in a research note on Friday, August 18th.

In related news, insider Richard Monro sold 10,000 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of GBX 176 ($2.37), for a total value of £17,600 ($23,668.64). Insiders purchased 266 shares of company stock valued at $44,876 over the last quarter.

SIG plc (LON:SHI) traded up 0.11% during midday trading on Wednesday, hitting GBX 174.50. The stock had a trading volume of 1,416,786 shares. SIG plc has a one year low of GBX 86.60 and a one year high of GBX 184.90. The firm has a 50 day moving average price of GBX 175.22 and a 200 day moving average price of GBX 143.98. The stock’s market cap is GBX 1.03 billion.

The firm also recently disclosed a dividend, which will be paid on Friday, November 3rd. Investors of record on Thursday, October 5th will be issued a GBX 1.25 ($0.02) dividend. This represents a yield of 0.7%. The ex-dividend date is Thursday, October 5th.

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About SIG plc

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.

Analyst Recommendations for SIG plc (LON:SHI)

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