SIG Group (OTCMKTS:SIGCY) Rating Increased to Strong-Buy at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of SIG Group (OTCMKTS:SIGCY) to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports.

SIG Group Price Performance

SIGCY opened at C$15.04 on Tuesday. The company’s 50 day simple moving average is C$15.30 and its 200 day simple moving average is C$13.25. SIG Group has a 1 year low of C$9.73 and a 1 year high of C$21.32.

About SIG Group

SIG Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products. The company provides aseptic carton filling lines, aseptic carton sleeves and closures, bag-in-box, and spouted pouch, as well as spare parts, maintenance, digital, add-on, training, and other services. It primarily operates in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company was formerly known as SIG Combibloc Group AG and changed its name to SIG Group AG in April 2022.