Deutsche Bank Aktiengesellschaft Reiterates “Sell” Rating for SIG (LON:SHI)

SIG (LON:SHI)‘s stock had its “sell” rating reiterated by equities research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Friday,Digital Look reports. They currently have a GBX 5 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential downside of 41.86% from the stock’s current price.

SHI has been the topic of a number of other reports. Royal Bank Of Canada dropped their price target on SIG from GBX 8.70 to GBX 8 and set a “sector perform” rating on the stock in a research note on Wednesday, April 29th. Peel Hunt reiterated a “buy” rating and issued a GBX 14 price target on shares of SIG in a report on Tuesday. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 8.90 price objective on shares of SIG in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 8.97.

SIG Trading Up 1.9%

SHI opened at GBX 8.60 on Friday. The company has a fifty day moving average price of GBX 8.27 and a two-hundred day moving average price of GBX 8.70. SIG has a 1-year low of GBX 6.72 and a 1-year high of GBX 12.71. The company has a market cap of £99.40 million, a P/E ratio of -1.56, a price-to-earnings-growth ratio of 1.29 and a beta of 0.67. The company has a current ratio of 1.36, a quick ratio of 1.10 and a debt-to-equity ratio of 597.00.

SIG (LON:SHI) last released its quarterly earnings data on Tuesday, August 4th. The company reported GBX (1.90) earnings per share (EPS) for the quarter. SIG had a negative return on equity of 46.37% and a negative net margin of 1.98%. Analysts predict that SIG will post 4.1880342 EPS for the current fiscal year.

SIG Company Profile

SIG is a leading pan-European provider of specialist insulation and sustainable building products and solutions, differentiated through specialist knowledge, product mix and end markets.

We connect over 75,000 customers with thousands of leading and specialist products and brands from our suppliers. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.