A statement released earlier today by JP Morgan Cazenove about SIG PLC (LON:SHI) bumps down the target price to 96.00GBX
- Updated: November 29, 2016
Having a price of 90.93GBX, SIG PLC (LON:SHI) traded -0.27% lower on the day. With the last close down -21.08% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. SIG PLC has recorded a 50-day average of 105.12GBX and a two hundred day average of 115.31GBX. Volume of trade was down over the average, with 271,058 shares of SHI changing hands under the typical 2,261,100
Stating a potential upside of 0.06%, JP Morgan Cazenove dropped the price target of SIG PLC (LON:SHI) to 96.00GBX
On 11/23/2016, Peel Hunt released a statement on SIG PLC (LON:SHI) dropped the target price from 130.00GBX to 94.00GBX that suggested an upside of 0%.
With a total market value of 0 GBX, SIG PLC has price-earnings ratio of 11.67 with a one year low of 86.60GBX and a one year high of 149.80GBX .
A total of 13 analysts have released a research note on SIG PLC. Three analysts rating the company a strong buy, two analysts rating the company a buy, eight analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 147.69GBX.
More 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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