Telsey Advisory analyst Dana Telsey maintained a Hold rating on Signet Jewelers (SIG – Research Report) today and set a price target of $100.00. The company’s shares closed yesterday at $95.07.
Telsey covers the Consumer Cyclical sector, focusing on stocks such as Birkenstock Holding plc, Levi Strauss & Co, and American Eagle. According to TipRanks, Telsey has an average return of 1.9% and a 42.67% success rate on recommended stocks.
In addition to Telsey Advisory, Signet Jewelers also received a Hold from Bank of America Securities’s Lorraine Hutchinson in a report issued on March 20. However, on March 21, UBS maintained a Buy rating on Signet Jewelers (NYSE: SIG).
The company has a one-year high of $108.79 and a one-year low of $56.61. Currently, Signet Jewelers has an average volume of 705.2K.
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Signet Jewelers (SIG) Company Description:
Signet Jewelers Ltd. engages in retailing of jewelry, watches and associated services. It operates through the following business segment: North America, International segment, and Others. The North America segment operates jewelry stores in malls, mall-based kiosks and off-mall locations throughout the U.S. and Canada under national banners including Kay, Zales, Jared and Piercing Pagoda, as well as a variety of mall-based regional banners. The International segment transacts mainly in British pounds, as sales and the majority of operating expenses are incurred in that currency and its results are then translated into U.S. dollars for external reporting purposes. The Other segment consists of all non-reportable operating segments, including activities related to the direct sourcing of rough diamonds, and is aggregated with unallocated corporate administrative functions. The company was founded in 1949 and is headquartered in Hamilton, Bermuda.
Read More on SIG:
- Signet Jewelers Modifies Preferred Shares Terms and Updates Guidance
- Signet Jewelers Stock (NYSE:SIG) to Benefit from Experiential Shopping Surge
- Signet Jewelers price target lowered to $100 from $105 at Telsey Advisory
- Signet Jewelers price target lowered to $100 from $110 at BofA
- Signet Jewelers price target lowered to $128 from $134 at UBS
