SIG (SHI) Price Target Increased to GBX 172 by Analysts at Liberum Capital

SIG (LON:SHI) had its price objective boosted by research analysts at Liberum Capital from GBX 157 ($2.05) to GBX 172 ($2.25) in a report issued on Friday. The firm presently has a “buy” rating on the stock. Liberum Capital’s price target suggests a potential upside of 13.76% from the stock’s current price.

SHI has been the subject of several other reports. Peel Hunt reissued a “buy” rating on shares of SIG in a report on Tuesday, January 8th. Shore Capital reissued a “buy” rating on shares of SIG in a report on Friday, March 8th. JPMorgan Chase & Co. dropped their price objective on shares of SIG from GBX 135 ($1.76) to GBX 110 ($1.44) and set an “underweight” rating for the company in a report on Thursday, November 29th. UBS Group downgraded shares of SIG to a “sell” rating and dropped their price objective for the stock from GBX 127 ($1.66) to GBX 100 ($1.31) in a report on Thursday, January 24th. Finally, Berenberg Bank dropped their price objective on shares of SIG from GBX 140 ($1.83) to GBX 130 ($1.70) and set a “hold” rating for the company in a report on Monday, January 28th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 141.33 ($1.85).

Shares of LON:SHI opened at GBX 151.20 ($1.98) on Friday. The company has a quick ratio of 1.11, a current ratio of 1.52 and a debt-to-equity ratio of 59.41. SIG has a one year low of GBX 101.30 ($1.32) and a one year high of GBX 147.10 ($1.92). The firm has a market capitalization of $870.77 million and a price-to-earnings ratio of 50.40.

SIG Company Profile

SIG plc engages in the distribution and merchant of specialist building products for the construction and related markets in the United Kingdom, Ireland, and Mainland Europe. It offers insulation and energy management products, such as structural and technical insulations, dry linings, construction accessories, fixings, air handling systems, and modular housing systems.

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Analyst Recommendations for SIG (LON:SHI)

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