Liberum Capital reaffirmed their buy rating on shares of SIG (LON:SHI) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently weighed in on the company. Shore Capital reaffirmed a buy rating on shares of SIG in a report on Friday, March 8th. Peel Hunt reaffirmed a buy rating on shares of SIG in a report on Friday, March 8th. Canaccord Genuity reaffirmed a hold rating and set a GBX 126 ($1.65) price target on shares of SIG in a report on Tuesday, January 8th. UBS Group cut SIG to a sell rating and dropped their price target for the company from GBX 127 ($1.66) to GBX 100 ($1.31) in a report on Thursday, January 24th. Finally, Berenberg Bank dropped their price target on SIG from GBX 140 ($1.83) to GBX 130 ($1.70) and set a hold rating for the company in a report on Monday, January 28th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 141.57 ($1.85).
Shares of SHI opened at GBX 143.50 ($1.88) on Wednesday. SIG has a 1 year low of GBX 101.30 ($1.32) and a 1 year high of GBX 153.90 ($2.01). The company has a quick ratio of 0.97, a current ratio of 1.52 and a debt-to-equity ratio of 59.65. The company has a market capitalization of $848.88 million and a PE ratio of 47.83.
The firm also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 6th will be issued a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 1.89%. This is a boost from SIG’s previous dividend of $1.25. The ex-dividend date is Thursday, June 6th. SIG’s dividend payout ratio (DPR) is currently 1.33%.
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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