SIG’s (SHI) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of SIG (LON:SHI) in a report released on Wednesday morning, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 8.90 target price on the stock.

A number of other research firms have also recently weighed in on SHI. Peel Hunt restated a “buy” rating and issued a GBX 14 price target on shares of SIG in a report on Tuesday. Royal Bank Of Canada reduced their price objective on SIG from GBX 8.70 to GBX 8 and set a “sector perform” rating for the company in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 8.97.

SIG Stock Up 3.1%

SHI stock opened at GBX 8.70 on Wednesday. The company has a current ratio of 1.36, a quick ratio of 1.10 and a debt-to-equity ratio of 597.00. The company’s 50-day moving average price is GBX 8.28 and its 200 day moving average price is GBX 8.70. SIG has a 52 week low of GBX 6.72 and a 52 week high of GBX 12.71. The company has a market cap of £100.55 million, a P/E ratio of -1.58, a P/E/G ratio of 1.29 and a beta of 0.67.

SIG (LON:SHI) last issued its earnings results on Tuesday, August 4th. The company reported GBX (1.90) earnings per share (EPS) for the quarter. SIG had a negative net margin of 1.98% and a negative return on equity of 46.37%. On average, research analysts expect that SIG will post 4.1880342 earnings per share for the current fiscal year.

About SIG

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.