SIG PLC (LON:SHI)‘s stock had its “hold” rating restated by research analysts at Jefferies Group in a report released on Monday, Stock Ratings News reports. They currently have a GBX 180 ($2.94) price target on the stock. Jefferies Group’s target price would indicate a potential downside of 12.45% from the company’s current price.
SIG PLC (LON:SHI) opened at 205.60 on Monday. SIG PLC has a 52 week low of GBX 111.44 and a 52 week high of GBX 219.10. The stock’s 50-day moving average is GBX 206.9 and its 200-day moving average is GBX 186.1. The company’s market cap is £1.215 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG reiterated a “buy” rating on shares of SIG PLC in a research note to investors on Wednesday, December 4th. They now have a GBX 225 ($3.68) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of SIG PLC in a research note to investors on Monday, December 2nd. They now have a GBX 153 ($2.50) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of SIG PLC from GBX 190 ($3.11) to GBX 245 ($4.01) in a research note to investors on Monday, December 2nd. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 211.44 ($3.46).
SIG plc is engaged in the supply of specialist products to construction and related markets in the United Kingdom, Ireland and Mainland Europe.
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