A statement released earlier today by Peel Hunt about SIG PLC (LON:SHI) bumps the target price to 103.00GBX
- Updated: February 12, 2017
Peel Hunt bumped up the target of SIG PLC (LON:SHI) to 103.00GBX stating a potential upside of 0%.
On 1/24/2017, Peel Hunt released a statement for SIG PLC (LON:SHI) maintained the target price at 94.00GBX that suggested a downside of -0.11%.
Boasting a price of 0.00GBX, SIG PLC (LON:SHI) traded 2.52% higher on the day. With the last stock price close down 2.25% from the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. SIG PLC has recorded a 50-day average of 103.63GBX and a two hundred day average of 107.50GBX. Volume of trade was down over the average, with 1,921,062 shares of SHI changing hands under the typical 2,581,400
With a total market value of 0 GBX, SIG PLC has price-earnings ratio of 14.09 with a one year low of 86.60GBX and a one year high of 149.80GBX .
A total of 13 equity analysts have released a ratings update on SHI. Three equity analysts rating the company a strong buy, two equity analysts rating the company a buy, eight equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 147.69GBX.
Brief Synopsis 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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