SIG plc (LON:SHI) insider Meinie Oldersma purchased 39,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average price of GBX 168 ($2.25) per share, with a total value of £65,520 ($87,746.08).
Shares of SIG plc (LON:SHI) opened at GBX 167.80 ($2.25) on Monday. SIG plc has a 12 month low of GBX 89 ($1.19) and a 12 month high of GBX 184.90 ($2.48).
A number of brokerages recently issued reports on SHI. Deutsche Bank lifted their price target on shares of SIG from GBX 155 ($2.08) to GBX 163 ($2.18) and gave the stock a “hold” rating in a research note on Monday, November 20th. Numis Securities lowered shares of SIG to a “reduce” rating and set a GBX 150 ($2.01) target price for the company. in a research note on Friday, August 18th. Shore Capital reiterated a “buy” rating on shares of SIG in a research note on Tuesday, November 21st. Peel Hunt reiterated a “buy” rating and set a GBX 185 ($2.48) target price on shares of SIG in a research note on Tuesday, November 21st. Finally, Barclays began coverage on shares of SIG in a research note on Monday, November 27th. They set an “underweight” rating and a GBX 155 ($2.08) target price for the company. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 146.55 ($1.96).
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SIG plc is a United Kingdom-based distributor of building products in Europe. The Company is engaged in the supply of specialist products to construction and related markets. It operates in two segments: UK & Ireland and Mainland Europe. It focuses its activities into approximately three product sectors: Insulation and Energy Management; Exteriors, and Interiors.
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