SIG plc (SHI) Insider Nick Maddock Acquires 62,938 Shares
SIG plc (LON:SHI) insider Nick Maddock bought 62,938 shares of the business’s stock in a transaction that occurred on Tuesday, November 20th. The stock was acquired at an average cost of GBX 106 ($1.39) per share, for a total transaction of £66,714.28 ($87,174.02).
Nick Maddock also recently made the following trade(s):
- On Monday, September 17th, Nick Maddock bought 119 shares of SIG stock. The stock was acquired at an average cost of GBX 126 ($1.65) per share, for a total transaction of £149.94 ($195.92).
Shares of SHI opened at GBX 105.70 ($1.38) on Wednesday. SIG plc has a one year low of GBX 108.25 ($1.41) and a one year high of GBX 184.90 ($2.42).
Several analysts have commented on SHI shares. Shore Capital restated a “buy” rating on shares of SIG in a report on Wednesday, October 10th. Peel Hunt restated a “buy” rating on shares of SIG in a report on Tuesday. Canaccord Genuity restated a “hold” rating and issued a GBX 155 ($2.03) price objective on shares of SIG in a report on Monday, September 3rd. Berenberg Bank lowered their price objective on shares of SIG from GBX 150 ($1.96) to GBX 140 ($1.83) and set a “hold” rating for the company in a report on Thursday, September 27th. Finally, Deutsche Bank restated a “hold” rating on shares of SIG in a report on Friday, August 17th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 151.92 ($1.99).
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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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