SIG (SHI) Receives Buy Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of SIG (LON:SHI) in a research report report published on Wednesday.

Several other research firms have also recently issued reports on SHI. Liberum Capital reissued a sell rating and issued a GBX 157 ($2.09) target price on shares of SIG in a research note on Friday, March 9th. Shore Capital reissued a buy rating and issued a GBX 150 ($2.00) target price on shares of SIG in a research note on Friday, March 9th. Berenberg Bank raised their target price on SIG from GBX 145 ($1.93) to GBX 160 ($2.13) and gave the stock a hold rating in a research note on Tuesday, February 20th. Numis Securities raised SIG to a hold rating and set a GBX 150 ($2.00) target price on the stock in a research note on Wednesday, April 18th. Finally, JPMorgan Chase & Co. reissued an underweight rating on shares of SIG in a research note on Friday, May 11th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. SIG presently has a consensus rating of Hold and an average price target of GBX 160.50 ($2.14).

SIG opened at GBX 136.30 ($1.81) on Wednesday, according to Marketbeat. SIG has a 1 year low of GBX 108.25 ($1.44) and a 1 year high of GBX 184.90 ($2.46).

About SIG

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.

Analyst Recommendations for SIG (LON:SHI)

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