Sigmaroc (LON:SRC)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a note issued to investors on Thursday, Digital Look reports. They presently have a GBX 105 ($1.37) price objective on the stock. Berenberg Bank’s price target would indicate a potential upside of 124.12% from the stock’s previous close.
Separately, Liberum Capital reiterated a “buy” rating on shares of Sigmaroc in a report on Thursday.
Shares of SRC opened at GBX 46.85 ($0.61) on Thursday. The company has a current ratio of 1.52, a quick ratio of 1.01 and a debt-to-equity ratio of 37.51. Sigmaroc has a 1 year low of GBX 36 ($0.47) and a 1 year high of GBX 48 ($0.63). The stock has a market cap of $64.05 million and a price-to-earnings ratio of 27.56.
SigmaRoc plc invests in and/or acquires projects in the construction materials sector in the United Kingdom, Guernsey, and Jersey. It also produces aggregates and pre-cast concrete, as well as supplies value-added construction materials; and provides shipping logistics, road contracting, and waste recycling services.
Featured Story: How to track put option volume
Receive News & Ratings for Sigmaroc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sigmaroc and related companies with MarketBeat.com's FREE daily email newsletter.