SIG (SHI) Rating Reiterated by Peel Hunt

Peel Hunt reissued their buy rating on shares of SIG (LON:SHI) in a research report report published on Tuesday morning.

Several other equities research analysts also recently commented on SHI. Liberum Capital reaffirmed a buy rating on shares of SIG in a research note on Tuesday, August 14th. Deutsche Bank reaffirmed a hold rating on shares of SIG in a research note on Friday, August 17th. Canaccord Genuity reaffirmed a hold rating and issued a GBX 155 ($2.03) target price on shares of SIG in a research note on Monday, September 3rd. Shore Capital reaffirmed a buy rating on shares of SIG in a research note on Friday, September 21st. Finally, Berenberg Bank lowered their target price on shares of SIG from GBX 150 ($1.96) to GBX 140 ($1.83) and set a hold rating for the company in a research note on Thursday, September 27th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 151.92 ($1.99).

Shares of LON:SHI opened at GBX 112.10 ($1.46) on Tuesday. SIG has a 52 week low of GBX 108.25 ($1.41) and a 52 week high of GBX 184.90 ($2.42).

The business also recently declared a dividend, which was paid on Friday, November 9th. Stockholders of record on Thursday, October 4th were issued a GBX 1.25 ($0.02) dividend. This represents a dividend yield of 1.02%. The ex-dividend date of this dividend was Thursday, October 4th.

In other SIG news, insider Andrew Allner bought 12,014 shares of SIG stock in a transaction that occurred on Tuesday, September 25th. The stock was acquired at an average price of GBX 125 ($1.63) per share, for a total transaction of £15,017.50 ($19,623.02). Also, insider Nick Maddock bought 62,938 shares of SIG stock in a transaction that occurred on Tuesday, November 20th. The shares were acquired at an average price of GBX 106 ($1.39) per share, with a total value of £66,714.28 ($87,174.02). Insiders bought 75,071 shares of company stock valued at $8,188,172 in the last quarter.

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.

See Also: Earnings Per Share

Analyst Recommendations for SIG (LON:SHI)

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