Analysts Set SIG plc (LON:SHI) PT at GBX 137

Shares of SIG plc (LON:SHI) have been assigned an average recommendation of “Hold” from the nine brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 137 ($1.79).

A number of research analysts have recently weighed in on the company. Jefferies Financial Group upgraded SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a report on Tuesday, June 25th. Peel Hunt reaffirmed a “hold” rating and set a GBX 935 ($12.22) price target (up from GBX 920 ($12.02)) on shares of Antofagasta in a research report on Tuesday, July 9th. Shore Capital reaffirmed a “not rated” rating on shares of SolGold in a research report on Wednesday, May 8th. Liberum Capital reaffirmed a “buy” rating on shares of SIG in a research report on Friday, July 5th. Finally, Berenberg Bank increased their price target on from GBX 54 ($0.71) to GBX 56 ($0.73) and gave the company a “buy” rating in a research report on Tuesday, July 9th.

Shares of SHI stock traded up GBX 1.80 ($0.02) during trading hours on Tuesday, reaching GBX 127 ($1.66). The company had a trading volume of 552,732 shares, compared to its average volume of 2,830,000. SIG has a 12 month low of GBX 101.30 ($1.32) and a 12 month high of GBX 153.90 ($2.01). The company has a current ratio of 1.52, a quick ratio of 0.97 and a debt-to-equity ratio of 59.65. The firm has a fifty day moving average of GBX 131.29. The company has a market capitalization of $751.28 million and a P/E ratio of 42.33.

About SIG

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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