SIG plc (LON:SHI)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity in a note issued to investors on Friday. They currently have a GBX 130 ($1.70) price objective on the stock. Canaccord Genuity’s price objective points to a potential upside of 9.61% from the company’s current price.
SHI has been the subject of a number of other reports. Goodbody restated a “hold” rating on shares of SIG plc in a research note on Friday, September 9th. Deutsche Bank AG restated a “hold” rating on shares of SIG plc in a research note on Wednesday, September 7th. Jefferies Group restated a “buy” rating and issued a GBX 140 ($1.83) price target on shares of SIG plc in a research note on Friday, August 5th. Panmure Gordon restated a “buy” rating and issued a GBX 165 ($2.15) price target on shares of SIG plc in a research note on Monday, July 25th. Finally, Liberum Capital decreased their price target on SIG plc from GBX 135 ($1.76) to GBX 110 ($1.44) and set a “hold” rating for the company in a research note on Thursday, July 14th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 139.58 ($1.82).
Shares of SIG plc (LON:SHI) opened at 121.30 on Friday. The firm’s 50-day moving average price is GBX 119.86 and its 200-day moving average price is GBX 124.41. SIG plc has a 12 month low of GBX 98.30 and a 12 month high of GBX 180.30. The company’s market cap is GBX 717.31 million.
The business also recently disclosed a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 6th will be issued a GBX 1.83 ($0.02) dividend. The ex-dividend date is Thursday, October 6th. This represents a yield of 1.82%.
About SIG plc
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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