SIG’s (SHI) “Buy” Rating Reaffirmed at Peel Hunt

SIG (LON:SHI)‘s stock had its “buy” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 14 price target on the stock. Peel Hunt’s target price would indicate a potential upside of 64.71% from the stock’s previous close.

SHI has been the topic of a number of other research reports. Royal Bank Of Canada cut their price objective on shares of SIG from GBX 8.70 to GBX 8 and set a “sector perform” rating on the stock in a research note on Wednesday, April 29th. Jefferies Financial Group decreased their target price on shares of SIG from GBX 9 to GBX 8.90 and set a “hold” rating for the company in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 10.30.

SIG Price Performance

Shares of LON:SHI opened at GBX 8.50 on Tuesday. SIG has a twelve month low of GBX 6.72 and a twelve month high of GBX 14.31. The company’s 50 day moving average is GBX 8.26 and its 200 day moving average is GBX 8.73. The company has a current ratio of 1.52, a quick ratio of 1.10 and a debt-to-equity ratio of 499.09. The company has a market cap of £98.24 million, a PE ratio of -1.55, a price-to-earnings-growth ratio of 1.29 and a beta of 0.67.

SIG (LON:SHI) last posted its quarterly 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 47.73% and a negative net margin of 2.47%. On average, sell-side analysts forecast that SIG will post 4.1880342 EPS for the current 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.