SIG plc (LON:SHI)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a note issued to investors on Tuesday. They presently have a GBX 185 ($2.43) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 12.05% from the company’s previous close.

Several other equities analysts have also recently issued reports on SHI. Numis Securities Ltd restated a “hold” rating and issued a GBX 150 ($1.97) price target on shares of SIG plc in a research report on Wednesday, August 9th. Liberum Capital reiterated a “sell” rating and set a GBX 157 ($2.06) target price on shares of SIG plc in a research report on Monday, October 2nd. Deutsche Bank AG boosted their target price on SIG plc from GBX 155 ($2.04) to GBX 163 ($2.14) and gave the stock a “hold” rating in a research report on Monday. Finally, Shore Capital reiterated a “buy” rating on shares of SIG plc in a research report on Tuesday, August 8th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 140.70 ($1.85).

Shares of SIG plc (LON SHI) traded up GBX 0.10 ($0.00) during mid-day trading on Tuesday, reaching GBX 165.10 ($2.17). The company had a trading volume of 2,272,358 shares, compared to its average volume of 2,340,000. SIG plc has a 1 year low of GBX 87.95 ($1.16) and a 1 year high of GBX 184.90 ($2.43).

WARNING: “SIG plc (SHI) Earns “Buy” Rating from Peel Hunt” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another website, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this article can be viewed at

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)

Receive News & Ratings for SIG plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SIG plc and related companies with's FREE daily email newsletter.