UBS Group Upgrades SIG Group (OTCMKTS:SIGCY) to “Strong-Buy”

SIG Group (OTCMKTS:SIGCY) was upgraded by UBS Group from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, The Goldman Sachs Group upgraded shares of SIG Group to a “strong-buy” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, SIG Group currently has a consensus rating of “Buy”.

SIG Group Stock Performance

Shares of OTCMKTS:SIGCY opened at C$14.88 on Tuesday. The firm has a 50 day simple moving average of C$15.29 and a 200-day simple moving average of C$13.26. SIG Group has a twelve month low of C$9.73 and a twelve month high of C$21.32.

SIG Group Company Profile

SIG Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products. The company provides aseptic carton filling lines, aseptic carton sleeves and closures, bag-in-box, and spouted pouch, as well as spare parts, maintenance, digital, add-on, training, and other services. It primarily operates in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company was formerly known as SIG Combibloc Group AG and changed its name to SIG Group AG in April 2022.