Royal Bank of Canada Cuts SIG (LON:SHI) Price Target to GBX 3,200

SIG (LON:SHI) had its target price lowered by Royal Bank of Canada from GBX 3,300 ($41.45) to GBX 3,200 ($40.20) in a report published on Friday, MarketBeat Ratings reports. Royal Bank of Canada currently has a sector perform rating on the stock.

SIG Stock Up 1.0 %

Shares of LON SHI opened at GBX 26.50 ($0.33) on Friday. The company has a debt-to-equity ratio of 258.95, a current ratio of 1.67 and a quick ratio of 1.10. The company has a market cap of £307.40 million, a P/E ratio of -662.50, a PEG ratio of 1.29 and a beta of 1.91. SIG has a 1 year low of GBX 25.35 ($0.32) and a 1 year high of GBX 44 ($0.55). The firm has a 50-day simple moving average of GBX 28.73 and a two-hundred day simple moving average of GBX 30.08.

Insider Transactions at SIG

In related news, insider Ian Ashton sold 469,520 shares of SIG stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of GBX 28 ($0.35), for a total transaction of £131,465.60 ($165,137.04). In related news, insider Ian Ashton sold 469,520 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of GBX 28 ($0.35), for a total value of £131,465.60 ($165,137.04). Also, insider Shatish D. Dasani bought 70,000 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was purchased at an average price of GBX 29 ($0.36) per share, for a total transaction of £20,300 ($25,499.31). Corporate insiders own 19.48% of the company’s stock.

About SIG

SIG plc supplies specialist insulation and sustainable building products and solutions in the United Kingdom, Germany, France, Benelux, Poland, and Ireland. It offers insulation and interiors products, such as structural and technical insulations, construction accessories and fixings, cladding and façade systems, dry lining, ceiling tiles and grids, partition walls and door sets, and floor coverings, as well as accessories, including tools and fixings, ventilation, access equipment, and safety products.