SIG’s (SHI) Buy Rating Reiterated at Peel Hunt

Peel Hunt restated their buy rating on shares of SIG (LON:SHI) in a report issued on Tuesday morning,Digital Look reports. The brokerage currently has a GBX 14 target price on the stock.

SHI has been the subject of several other research reports. Jefferies Financial Group dropped their price target on SIG from GBX 9 to GBX 8.90 and set a “hold” rating for the company in a research note on Tuesday, May 12th. Royal Bank Of Canada dropped their target price on SIG from GBX 8.70 to GBX 8 and set a “sector perform” rating for the company in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, SIG presently has a consensus rating of “Hold” and a consensus price target of GBX 10.30.

SIG Stock Performance

SIG stock opened at GBX 8.44 on Tuesday. The firm’s fifty day moving average price is GBX 8.27 and its 200-day moving average price is GBX 8.70. The company has a debt-to-equity ratio of 597.00, a quick ratio of 1.10 and a current ratio of 1.36. The stock has a market cap of £97.55 million, a P/E ratio of -1.53, a price-to-earnings-growth ratio of 1.29 and a beta of 0.67. SIG has a fifty-two week low of GBX 6.72 and a fifty-two week high of GBX 13.

SIG (LON:SHI) last announced its earnings results on Tuesday, August 4th. The company reported GBX (1.90) earnings per share (EPS) for the quarter. SIG had a negative return on equity of 46.37% and a negative net margin of 1.98%. On average, equities research analysts expect that SIG will post 4.1880342 earnings per share for the current fiscal year.

About SIG

SIG is a leading pan-European provider of specialist insulation and sustainable building products and solutions, differentiated through specialist knowledge, product mix and end markets.

We connect over 75,000 customers with thousands of leading and specialist products and brands from our suppliers. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.