Peel Hunt restated their buy rating on shares of SIG (LON:SHI) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also issued reports on SHI. UBS Group reaffirmed a sell rating on shares of SIG in a report on Friday. Berenberg Bank lifted their price target on shares of SIG from GBX 130 ($1.70) to GBX 140 ($1.83) and gave the stock a hold rating in a report on Wednesday, April 3rd. Liberum Capital lifted their price target on shares of SIG from GBX 157 ($2.05) to GBX 172 ($2.25) and gave the stock a buy rating in a report on Friday, March 15th. JPMorgan Chase & Co. raised shares of SIG to a neutral rating and lifted their price target for the stock from GBX 110 ($1.44) to GBX 130 ($1.70) in a report on Monday, March 11th. Finally, Canaccord Genuity reaffirmed a hold rating and issued a GBX 126 ($1.65) price target on shares of SIG in a report on Tuesday, January 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 141.71 ($1.85).
LON SHI opened at GBX 145.70 ($1.90) on Monday. 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 has a 12-month low of GBX 101.30 ($1.32) and a 12-month high of GBX 152.60 ($1.99). The firm has a market capitalization of $878.46 million and a price-to-earnings ratio of 48.57.
The business also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, June 6th will be issued a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date is Thursday, June 6th. This is a positive change from SIG’s previous dividend of $1.25. This represents a dividend yield of 1.89%. SIG’s payout ratio is 1.33%.
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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