Deutsche Bank recorded SIG PLC (LON:SHI), retaining its target price at 116.00GBX today
- Updated: October 16, 2016
Boasting a price of 114.35GBX, SIG PLC (LON:SHI) traded 1.24% higher on the day. The last closing price is down -7.20% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. SHI has recorded a 50-day average of 120.05GBX and a two hundred day average of 122.85GBX. Trade Volume was down over the average, with 436,656 shares of SHI changing hands under the typical 1,772,400
SIG PLC (LON:SHI) had its target price hold steady to 116.00GBX by Deutsche Bank in an issued report announced Monday October 17, 2016. The latest target suggests a potential upside of 0.01% from the company's most recent stock price close.
On 10/13/2016, Deutsche Bank released a statement for SIG PLC (LON:SHI) bumped up the target price from 0.00GBX to 116.00GBX that suggested an upside of 0.04%.
Recent Performance Chart
SIG PLC has 52 week low of 98.30GBX and a 52 week high of 178.90GBX with a PE ratio of 14.62 and has a market capitalization of 0 GBX.
In addition to Deutsche Bank reporting its stock price target, a total of 13 brokerages have issued a research note on the company. The average stock price target is 147.69GBX with 3 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 8 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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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