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SIG plc 3.4% Potential Decrease Indicated by Berenberg

SIG plc using EPIC/TICKER code (LON:SHI) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. SIG plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 140 GBX on its stock. This now indicates the analyst believes there is a potential downside of -3.4% from today’s opening price of 144.9 GBX. Over the last 30 and 90 trading days the company share price has increased 21.6 points and increased 33.6 points respectively. The 52 week high share price is 152.6 GBX while the year low share price is currently 101.3 GBX.

SIG plc has a 50 day moving average of 129.95 GBX and a 200 day moving average of 123.50. There are currently 591,556,982 shares in issue with the average daily volume traded being 2,062,732. Market capitalisation for LON:SHI is £864,856,289 GBP.