Peel Hunt Reaffirms Buy Rating for SIG (LON:SHI)

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

SHI has been the subject of several other research reports. Jefferies Financial Group upgraded SALVATORE FERRA/ADR from an underperform rating to a hold rating in a report on Tuesday, June 25th. Canaccord Genuity set a $394.00 price objective on Tesla and gave the stock a buy rating in a report on Wednesday, July 3rd. JPMorgan Chase & Co. set a GBX 4,000 ($52.27) price objective on British American Tobacco Plc Ads and gave the stock a buy rating in a report on Monday, March 11th. Liberum Capital reiterated a buy rating on shares of SIG in a report on Friday, July 5th. Finally, UBS Group set a $170.00 price objective on United Rentals and gave the stock a buy rating in a report on Friday, June 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 140.71 ($1.84).

LON SHI opened at GBX 127 ($1.66) on Tuesday. SIG has a fifty-two week low of GBX 101.30 ($1.32) and a fifty-two week high of GBX 153.90 ($2.01). The company has a current ratio of 1.52, a quick ratio of 0.97 and a debt-to-equity ratio of 59.65. The stock has a 50 day simple moving average of GBX 131.29. The stock has a market cap of $751.28 million and a PE ratio of 42.33.

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.

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Analyst Recommendations for SIG (LON:SHI)

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