Deutsche Bank Aktiengesellschaft reissued their sell rating on shares of SIG (LON:SHI – Free Report) in a research note issued to investors on Friday morning,Digital Look reports. They currently have a GBX 5 price objective on the stock.
Several other research firms also recently commented on SHI. Royal Bank Of Canada reduced their price objective on SIG from GBX 8.70 to GBX 8 and set a “sector perform” rating for the company in a research note on Wednesday, April 29th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 8.90 target price on shares of SIG in a report on Wednesday. Finally, Peel Hunt restated a “buy” rating and set a GBX 14 price target on shares of SIG in a research note on Tuesday. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of GBX 8.97.
Read Our Latest Stock Analysis on SHI
SIG Stock Up 3.1%
SIG (LON:SHI – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported GBX (1.90) EPS for the quarter. SIG had a negative net margin of 1.98% and a negative return on equity of 46.37%. Sell-side analysts predict that SIG will post 4.1880342 EPS for the current year.
SIG Company Profile
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.
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