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SIG (SHI) Stock Forecast & Price Target

GBX 26.20
-0.15 (-0.57%)
(As of 11:53 AM ET)

SIG - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 3 Wall Street analysts who have issued ratings for SIG in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 3 analysts, 1 has given a sell rating, and 2 have given a hold rating for SHI.

Consensus Price Target

GBX 1,081.70
High ForecastGBX 3,200
Average ForecastGBX 1,081.70
Low ForecastGBX 21

According to the 3 analysts' twelve-month price targets for SIG, the average price target is GBX 1,081.70. The highest price target for SHI is GBX 3,200, while the lowest price target for SHI is GBX 21. The average price target represents a forecasted upside of 4,028.63% from the current price of GBX 26.20.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 1,081.70GBX 3,200N/AGBX 40
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SHI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SHI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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SIG Stock vs. The Competition

TypeSIGIndustrials Companies
Consensus Rating Score
Consensus RatingReduceModerate Buy
News Sentiment RatingNeutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/27/2024Jefferies Financial Group
2 of 5 stars
 Lower TargetHoldGBX 27.10 ➝ GBX 24.10-4.37%
6/25/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Lower TargetSellGBX 23 ➝ GBX 21-18.50%
5/3/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetSector performGBX 3,300 ➝ GBX 3,200+11,866.19%
2/1/2023Numis Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingHoldGBX 40+9.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:31 PM ET.

SHI Forecast - Frequently Asked Questions

What is SIG's forecast for 2024?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for SIG is GBX 1,081.70, with a high forecast of GBX 3,200 and a low forecast of GBX 21.

Should I buy or sell SIG stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SIG in the last twelve months. There is currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SHI shares.

Does SIG's stock price have much upside?

According to analysts, SIG's stock has a predicted upside of 4,075.96% based on their 12-month stock forecasts.

What analysts cover SIG?

SIG has been rated by research analysts at Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, and Royal Bank of Canada in the past 90 days.

Do Wall Street analysts like SIG more than its competitors?

Analysts like SIG less than other "industrials" companies. The consensus rating for SIG is Reduce while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how SHI compares to other companies.

This page (LON:SHI) was last updated on 7/17/2024 by Staff

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