UBS Group restated their sell rating on shares of SIG (LON:SHI) in a research note released on Thursday morning, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently issued reports on SHI. Shore Capital reaffirmed a buy rating on shares of SIG in a research report on Friday, September 6th. Peel Hunt reissued a buy rating on shares of SIG in a report on Tuesday, September 10th. Berenberg Bank dropped their price objective on shares of SIG from GBX 140 ($1.83) to GBX 135 ($1.76) and set a hold rating on the stock in a report on Tuesday, July 9th. Jefferies Financial Group dropped their price objective on shares of SIG from GBX 148 ($1.93) to GBX 145 ($1.89) and set a hold rating on the stock in a report on Tuesday, June 25th. Finally, Bank of America reissued a buy rating on shares of SIG in a report on Tuesday, July 16th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 140 ($1.83).
Shares of SHI stock opened at GBX 128.80 ($1.68) on Thursday. The business’s fifty day simple moving average is GBX 123.99 and its 200-day simple moving average is GBX 133.61. The company has a market cap of $761.93 million and a PE ratio of 184.00. The company has a current ratio of 1.30, a quick ratio of 0.95 and a debt-to-equity ratio of 136.88. SIG has a 12-month low of GBX 101.30 ($1.32) and a 12-month high of GBX 153.90 ($2.01).
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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