Were Analysts Bullish Signet Jewelers Limited (NYSE:SIG) This Week?

July 27, 2018 - By Mark Babin

Signet Jewelers Limited (NYSE:SIG) LogoInvestors sentiment increased to 1.01 in 2018 Q1. Its up 0.19, from 0.82 in 2017Q4. It increased, as 69 investors sold Signet Jewelers Limited shares while 68 reduced holdings. 40 funds opened positions while 99 raised stakes. 54.73 million shares or 17.64% less from 66.46 million shares in 2017Q4 were reported.
239,619 were accumulated by Jpmorgan Chase &. First Quadrant Limited Partnership Ca stated it has 0.41% of its portfolio in Signet Jewelers Limited (NYSE:SIG). Northern Tru Corp invested 0.01% in Signet Jewelers Limited (NYSE:SIG). Stoneridge Investment Limited Company holds 0.43% of its portfolio in Signet Jewelers Limited (NYSE:SIG) for 67,183 shares. Cadence Mngmt Lc reported 0.02% of its portfolio in Signet Jewelers Limited (NYSE:SIG). Hsbc Public Limited Com stated it has 19,521 shares or 0% of all its holdings. Invesco invested in 0% or 103,716 shares. Moreover, Laurion Cap Mgmt Lp has 0.04% invested in Signet Jewelers Limited (NYSE:SIG). Principal Financial invested in 0.01% or 267,486 shares. Dekabank Deutsche Girozentrale holds 0.02% in Signet Jewelers Limited (NYSE:SIG) or 82,557 shares. Bancorp Of Montreal Can reported 0% stake. State Street has invested 0.01% in Signet Jewelers Limited (NYSE:SIG). Clearbridge Ltd Limited Liability Company reported 705,424 shares or 0.61% of all its holdings. Kbc Gru Nv has 234,035 shares. Pub Employees Retirement Association Of Colorado owns 10,751 shares.

Since April 13, 2018, it had 1 insider buy, and 0 sales for $349,905 activity.

Signet Jewelers Limited (NYSE:SIG) Ratings Coverage

Among 10 analysts covering Signet Jewelers Limited (NYSE:SIG), 1 have Buy rating, 0 Sell and 9 Hold. Therefore 10% are positive. Signet Jewelers Limited has $62 highest and $35.0 lowest target. $51.63’s average target is -14.55% below currents $60.42 stock price. Signet Jewelers Limited had 11 analyst reports since March 12, 2018 according to SRatingsIntel. The rating was maintained by Susquehanna with “Hold” on Thursday, March 15. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Neutral” rating by Bank of America on Tuesday, March 20. Citigroup maintained the stock with “Neutral” rating in Friday, June 8 report. The stock has “Hold” rating by Needham on Thursday, March 15. The rating was maintained by Wells Fargo on Wednesday, March 14 with “Hold”. Nomura maintained it with “Buy” rating and $62 target in Thursday, June 21 report. The company was maintained on Thursday, March 15 by Buckingham Research. The rating was maintained by Cowen & Co on Thursday, March 15 with “Hold”. JP Morgan maintained Signet Jewelers Limited (NYSE:SIG) on Tuesday, April 10 with “Neutral” rating. Below is a list of Signet Jewelers Limited (NYSE:SIG) latest ratings and price target changes.

21/06/2018 Broker: Nomura Old Rating: Buy New Rating: Buy Old Target: $41 New Target: $62 Maintain
08/06/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $39 New Target: $52 Maintain
07/06/2018 Broker: Susquehanna Old Rating: Neutral New Rating: Neutral Old Target: $60 Terminates
10/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $40 New Target: $37 Maintain
20/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
15/03/2018 Broker: Susquehanna Rating: Hold New Target: $35.0 Maintain
15/03/2018 Broker: Cowen & Co Rating: Hold New Target: $40.0 Maintain
14/03/2018 Broker: Wells Fargo Rating: Hold Maintain
15/03/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Neutral Old Target: $57 New Target: $36 Maintain
15/03/2018 Broker: Needham Old Rating: Buy New Rating: Hold Old Target: $74 Downgrade

The stock increased 0.27% or $0.16 during the last trading session, reaching $60.42. About 1.01M shares traded. Signet Jewelers Limited (NYSE:SIG) has declined 15.25% since July 27, 2017 and is downtrending. It has underperformed by 27.82% the S&P500.

Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company has market cap of $3.58 billion. The Company’s Sterling Jewelers division operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, and various mall regional brands. It currently has negative earnings. As of January 28, 2017, this division operated 1,588 stores.

More news for Signet Jewelers Limited (NYSE:SIG) were recently published by: Fool.com, which released: “Why Signet Jewelers Limited Stock Popped 29.7% in June” on July 06, 2018. Seekingalpha.com‘s article titled: “Signet Jewelers finishes credit outsourcing deal” and published on July 02, 2018 is yet another important article.

Signet Jewelers Limited (NYSE:SIG) Ratings Chart

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