Shares of SIG plc (LON:SHI) have been assigned an average rating of “Hold” from the ten analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 114 ($1.49).
A number of research firms have recently commented on SHI. Royal Bank of Canada reiterated an “outperform” rating on shares of SIG in a research report on Monday, October 7th. Bank of America reiterated a “buy” rating on shares of SIG in a research report on Tuesday, July 16th. Shore Capital reiterated an “under review” rating on shares of SIG in a research report on Monday, October 7th. Berenberg Bank reduced their price target on SIG from GBX 135 ($1.76) to GBX 100 ($1.31) and set a “hold” rating for the company in a research report on Monday, October 14th. Finally, Canaccord Genuity reduced their price target on SIG from GBX 133 ($1.74) to GBX 107 ($1.40) and set a “hold” rating for the company in a research report on Tuesday, October 8th.
SHI traded down GBX 0.20 ($0.00) during trading on Monday, reaching GBX 116 ($1.52). 624,946 shares of the company’s stock were exchanged, compared to its average volume of 2,830,000. The stock has a market capitalization of $686.21 million and a PE ratio of 165.71. SIG has a one year low of GBX 87.60 ($1.14) and a one year high of GBX 153.90 ($2.01). The firm has a fifty day moving average price of GBX 116.63 and a two-hundred day moving average price of GBX 128.08. The company has a current ratio of 1.30, a quick ratio of 0.95 and a debt-to-equity ratio of 136.88.
The firm also recently disclosed a dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, October 3rd were given a GBX 1.25 ($0.02) dividend. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend was Thursday, October 3rd. SIG’s dividend payout ratio (DPR) is presently 5.71%.
In other SIG news, insider Andrew Allner acquired 6,000 shares of the business’s stock in a transaction dated Tuesday, October 8th. The stock was acquired at an average cost of GBX 100 ($1.31) per share, for a total transaction of £6,000 ($7,840.06).
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.
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