Barclays Capital Reaffirms Equalweight Rating on Signet Jewelers (SIG)

By admin | 6 years ago

Signet Jewelers (NYSE: SIG)‘s stock had its “equalweight” rating reaffirmed by Barclays Capital (NYSE: BCS) in a research note issued on Friday.

Separately, analysts at Miller Tabak initiated coverage on shares of Signet Jewelers in a research note to investors on Monday, April 30th. They set a “buy” rating and a $57.00 price target on the stock.

Shares of Signet Jewelers opened at 44.25 on Friday. Signet Jewelers has a 52 week low of $30.93 and a 52 week high of $51.44. The company has a market cap of $3.779 billion and a P/E ratio of 11.52.

Signet Jewelers last announced its earnings results on Thursday, May 24th. The company reported $0.96 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.91 by $0.05. Signet Jewelers’s revenue was up 1.4% compared to the same quarter last year. On average, analysts predict that Signet Jewelers will post $0.36 earnings per share next quarter.

Signet Jewelers Limited (Signet), formerly Signet Group plc is a specialty retail jeweler by sales, with stores in the United States, United Kingdom, Republic of Ireland and Channel Islands.

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