SIG plc (SHI) Insider Richard Monro Buys 89 Shares
SIG plc (LON:SHI) insider Richard Monro purchased 89 shares of SIG stock in a transaction on Friday, December 15th. The shares were acquired at an average price of GBX 169 ($2.27) per share, for a total transaction of £150.41 ($202.44).
SIG plc (LON:SHI) traded down GBX 0.50 ($0.01) on Friday, hitting GBX 168.10 ($2.26). The stock had a trading volume of 1,639,006 shares, compared to its average volume of 2,600,000. SIG plc has a fifty-two week low of GBX 92.20 ($1.24) and a fifty-two week high of GBX 184.90 ($2.49).
Several brokerages have recently issued reports on SHI. Deutsche Bank raised their target price on shares of SIG from GBX 155 ($2.09) to GBX 163 ($2.19) and gave the stock a “hold” rating in a report on Monday, November 20th. Numis Securities downgraded SIG to a “reduce” rating and set a GBX 150 ($2.02) price objective on the stock. in a research report on Friday, August 18th. Shore Capital reaffirmed a “buy” rating on shares of SIG in a research report on Tuesday, November 21st. Peel Hunt reaffirmed a “buy” rating and issued a GBX 185 ($2.49) price objective on shares of SIG in a research report on Tuesday, November 21st. Finally, Barclays assumed coverage on SIG in a research report on Monday, November 27th. They issued an “underweight” rating and a GBX 155 ($2.09) price objective on the stock. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 150.91 ($2.03).
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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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