SIG plc (SHI) Rating Reiterated by JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of SIG plc (LON:SHI) in a research report report published on Friday, April 21st. The firm currently has a GBX 96 ($1.24) target price on the stock.

Other equities analysts have also issued reports about the stock. Peel Hunt restated a hold rating and set a GBX 103 ($1.33) target price on shares of SIG plc in a research report on Tuesday, March 14th. Canaccord Genuity lifted their price objective on shares of SIG plc from GBX 97 ($1.25) to GBX 116 ($1.50) and gave the company a hold rating in a research report on Wednesday, March 15th. Liberum Capital reiterated a hold rating and issued a GBX 88 ($1.14) price objective on shares of SIG plc in a research report on Tuesday, March 14th. Panmure Gordon reiterated a buy rating and issued a GBX 135 ($1.74) price objective on shares of SIG plc in a research report on Friday, January 13th. Finally, Deutsche Bank AG reiterated a hold rating on shares of SIG plc in a research report on Tuesday, January 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 115.33 ($1.49).

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The company also recently announced a dividend, which will be paid on Friday, July 7th. Stockholders of record on Thursday, June 8th will be issued a dividend of GBX 1.83 ($0.02) per share. This represents a dividend yield of 1.59%. The ex-dividend date is Thursday, June 8th.

In related news, insider Leslie Van de Walle sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of GBX 126 ($1.63), for a total transaction of £63,000 ($81,321.80).

SIG plc Company Profile

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.

12 Month Chart for LON:SHI

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