Peel Hunt reiterated their buy rating on shares of SIG plc (LON:SHI) in a report published on Tuesday. Peel Hunt currently has a GBX 175 ($2.28) target price on the stock.

Several other brokerages have also weighed in on SHI. Deutsche Bank AG restated a hold rating on shares of SIG plc in a research report on Wednesday, July 19th. Numis Securities Ltd restated a hold rating and set a GBX 150 ($1.95) target price (up from GBX 96 ($1.25)) on shares of SIG plc in a research report on Thursday, July 6th. J P Morgan Chase & Co reiterated an underweight rating on shares of SIG plc in a research report on Thursday, July 6th. Liberum Capital reiterated a sell rating and issued a GBX 95 ($1.24) price target on shares of SIG plc in a research report on Thursday, May 25th. Finally, Jefferies Group LLC increased their price target on shares of SIG plc from GBX 110 ($1.43) to GBX 150 ($1.95) and gave the company a hold rating in a research report on Monday, June 26th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 132.70 ($1.73).

Shares of SIG plc (LON:SHI) traded up 8.04% on Tuesday, reaching GBX 178.80. 3,675,383 shares of the company were exchanged. The company’s market capitalization is GBX 1.06 billion. The stock has a 50 day moving average of GBX 154.82 and a 200-day moving average of GBX 129.53. SIG plc has a 52-week low of GBX 86.60 and a 52-week high of GBX 180.00.

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In related news, insider Leslie Van de Walle sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of GBX 126 ($1.64), for a total transaction of £63,000 ($82,041.93).

About SIG plc

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.

Analyst Recommendations for SIG plc (LON:SHI)

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