SIG’s (SHI) Buy Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of SIG (LON:SHI) in a research note published on Tuesday, ThisIsMoney.Co.Uk reports.

SHI has been the subject of a number of other reports. Bank of America restated a buy rating on shares of SIG in a research note on Tuesday, July 16th. Canaccord Genuity cut their price target on SIG from GBX 140 ($1.83) to GBX 138 ($1.80) and set a hold rating for the company in a research note on Wednesday, July 3rd. Shore Capital restated a buy rating on shares of SIG in a research note on Wednesday, May 8th. Jefferies Financial Group cut their price target on SIG from GBX 148 ($1.93) to GBX 145 ($1.89) and set a hold rating for the company in a research note on Tuesday, June 25th. Finally, UBS Group restated a sell rating on shares of SIG in a research note on Friday, June 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 140.71 ($1.84).

LON SHI opened at GBX 122 ($1.59) on Tuesday. SIG has a one year low of GBX 101.30 ($1.32) and a one year high of GBX 153.90 ($2.01). The stock has a 50-day moving average of GBX 124.10 and a 200 day moving average of GBX 132.90. The company has a market capitalization of $720.52 million and a price-to-earnings ratio of 40.67. The company has a debt-to-equity ratio of 59.65, a quick ratio of 0.97 and a current ratio of 1.52.

SIG Company Profile

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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