SIG (LON:SHI) Price Target Raised to GBX 9.60

SIG (LON:SHI) had its price objective lifted by Jefferies Financial Group from GBX 8.90 to GBX 9.60 in a research report report published on Friday morning, MarketBeat.com reports. Jefferies Financial Group currently has a hold rating on the stock.

Several other equities analysts have also issued reports on SHI. Royal Bank Of Canada cut their price target on shares of SIG from GBX 8.70 to GBX 8 and set a “sector perform” rating on the stock in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 5 target price on shares of SIG in a research report on Friday, August 7th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 14 price target on shares of SIG in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, SIG currently has a consensus rating of “Hold” and an average price target of GBX 9.15.

SIG Stock Performance

Shares of LON SHI opened at GBX 8.80 on Friday. SIG has a 1-year low of GBX 6.72 and a 1-year high of GBX 12. The business has a fifty day moving average price of GBX 8.37 and a 200 day moving average price of GBX 8.62. The stock has a market capitalization of £101.71 million, a P/E ratio of -1.60, a price-to-earnings-growth ratio of 1.29 and a beta of 0.68. The company has a debt-to-equity ratio of 597.00, a current ratio of 1.36 and a quick ratio of 1.10.

SIG (LON:SHI) last announced its earnings results on Tuesday, August 4th. The company reported GBX (1.90) EPS for the quarter. SIG had a negative return on equity of 46.37% and a negative net margin of 1.98%. Equities research analysts expect that SIG will post 4.1880342 EPS for the current fiscal year.

SIG Company Profile

SIG is a leading pan-European provider of specialist insulation and sustainable building products and solutions, differentiated through specialist knowledge, product mix and end markets.

We connect over 75,000 customers with thousands of leading and specialist products and brands from our suppliers. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.