A statement released earlier today by Canaccord Genuity about SIG PLC (LON:SHI) keeps the target price at 130.00GBX
- Updated: October 1, 2016
In a report issued 9/30/2016 Canaccord Genuity hold steady the target of SIG PLC (LON:SHI) from 130.00GBX to 130.00GBX stating a potential upside of 0%.
Yesterday SIG PLC (LON:SHI) traded -0.43% lower at 0.00GBX. SHI’s 50-day average is 119.49GBX and its two hundred day average is 124.80GBX. With the last stock price close down -6.81% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 2,361,429 shares of the stock were exchanged, up from an average trading volume of 1,934,560
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With a total market value of 0 GBX, SIG PLC has PE ratio of 14.91 with a one year low of 98.30GBX and a 52 week high of 180.30GBX .
In addition to Canaccord Genuity reporting its target price, a total of 13 brokers have issued a research note on the company. The average stock price target is 147.69GBX with 3 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 8 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About SIG PLC (LON:SHI)
SIG plc is a United Kingdom-based distributor of building products in Europe. The Company is engaged in the supply of specialist products to construction and related markets. It operates in two segments: UK & Ireland and Mainland Europe. It focuses its activities into approximately three product sectors: Insulation and Energy Management; Exteriors, and Interiors. It supplies insulation products in Europe, which include structural insulation, technical insulation, construction accessories, fixings and dry lining. It supplies roofing products in the United Kingdom, which include tiles, slates, membranes and battens for pitched roofs; single-ply flat roofing systems; plastic building products, including fascias, soffits and guttering, and room-in-roof panel systems. It supplies interior fit out products in Europe, which include dry lining, doorsets, floor coverings and washrooms. Its subsidiaries include SIG Finance Limited, SIG Dormant Number 4 Limited and SIG Fixings Limited.
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