SIG plc (LON:SHI) has received a consensus recommendation of “Hold” from the eleven research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 143.67 ($1.91).

A number of research firms have recently commented on SHI. Numis Securities Ltd reissued a “hold” rating and issued a GBX 150 ($1.99) price objective on shares of SIG plc in a research note on Wednesday, August 9th. Liberum Capital reissued a “sell” rating and issued a GBX 157 ($2.09) price objective on shares of SIG plc in a research note on Monday, October 2nd. Shore Capital reissued a “buy” rating on shares of SIG plc in a research note on Tuesday, August 8th. Peel Hunt reissued a “buy” rating and issued a GBX 175 ($2.33) price objective on shares of SIG plc in a research note on Wednesday, July 5th. Finally, Jefferies Group LLC boosted their price objective on SIG plc from GBX 110 ($1.46) to GBX 150 ($1.99) and gave the stock a “hold” rating in a research note on Monday, June 26th.

SIG plc (LON:SHI) traded down 0.23% on Friday, reaching GBX 175.10. The company’s stock had a trading volume of 1,423,711 shares. The firm has a 50-day moving average price of GBX 176.68 and a 200 day moving average price of GBX 154.10. The firm’s market capitalization is GBX 1.04 billion. SIG plc has a 52-week low of GBX 86.60 and a 52-week high of GBX 184.90.

The business also recently announced a dividend, which will be paid on Friday, November 3rd. Stockholders of record on Thursday, October 5th will be given a dividend of GBX 1.25 ($0.02) per share. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 5th.

In other news, insider Richard Monro sold 10,000 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of GBX 176 ($2.34), for a total transaction of £17,600 ($23,385.60).

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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.

Analyst Recommendations for SIG plc (LON:SHI)

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