Analysts are on the Bearish side about Signet Jewelers Limited (NYSE:SIG) this week.

September 8, 2018 - By Pearl Odom

Signet Jewelers Limited (NYSE:SIG) LogoInvestors sentiment increased to 1.01 in Q1 2018. 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.
California Pub Employees Retirement stated it has 0.01% of its portfolio in Signet Jewelers Limited (NYSE:SIG). Ancora Limited Liability Corporation holds 0.01% or 8,506 shares. The Massachusetts-based Wellington Mgmt Gp Limited Liability Partnership has invested 0% in Signet Jewelers Limited (NYSE:SIG). Zurcher Kantonalbank (Zurich Cantonalbank) owns 3,349 shares or 0% of their US portfolio. Huntington Retail Bank, Ohio-based fund reported 7,000 shares. Wealthfront reported 39,268 shares. Alliancebernstein L P reported 0.06% of its portfolio in Signet Jewelers Limited (NYSE:SIG). Aperio Group Incorporated Llc owns 27,212 shares. Architects holds 0% in Signet Jewelers Limited (NYSE:SIG) or 500 shares. Birch Run Cap Advsrs L P invested in 140,000 shares. Skylands Cap Llc accumulated 171,500 shares or 0.87% of the stock. Arga Mngmt Ltd Partnership reported 728,974 shares or 3.2% of all its holdings. Metropolitan Life Ins has invested 0% in Signet Jewelers Limited (NYSE:SIG). Commerzbank Aktiengesellschaft Fi invested 0.01% of its portfolio in Signet Jewelers Limited (NYSE:SIG). Ls Investment Advsrs Llc stated it has 3,627 shares or 0.01% of all its holdings.

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

Signet Jewelers Limited (NYSE:SIG) Ratings Coverage

Among 10 analysts covering Signet Jewelers Limited (NYSE:SIG), 0 have Buy rating, 1 Sell and 9 Hold. Therefore 0 are positive. Signet Jewelers Limited had 14 analyst reports since March 12, 2018 according to SRatingsIntel. Susquehanna maintained Signet Jewelers Limited (NYSE:SIG) rating on Thursday, March 15. Susquehanna has “Hold” rating and $35.0 target. Nomura maintained the shares of SIG in report on Thursday, June 21 with “Buy” rating. The firm earned “Neutral” rating on Tuesday, April 10 by JP Morgan. The rating was downgraded by Nomura on Tuesday, July 31 to “Neutral”. As per Friday, June 8, the company rating was maintained by Citigroup. Wells Fargo maintained Signet Jewelers Limited (NYSE:SIG) on Wednesday, March 14 with “Hold” rating. Wells Fargo maintained the shares of SIG in report on Friday, August 31 with “Market Perform” rating. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Hold” rating by Needham on Thursday, March 15. The rating was maintained by Buckingham Research on Thursday, March 15 with “Neutral”. As per Tuesday, March 20, the company rating was downgraded by Bank of America. Below is a list of Signet Jewelers Limited (NYSE:SIG) latest ratings and price target changes.

04/09/2018 Broker: Citigroup Old Rating: Neutral New Rating: Sell Old Target: $52 Downgrade
31/08/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $50 New Target: $65 Maintain
31/07/2018 Broker: Nomura Old Rating: Buy New Rating: Neutral Old Target: $62 Downgrade
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

The stock decreased 1.84% or $1.18 during the last trading session, reaching $62.84. About 1.21 million shares traded. Signet Jewelers Limited (NYSE:SIG) has declined 15.25% since September 8, 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 $3.26 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 important recent Signet Jewelers Limited (NYSE:SIG) news were published by: Seekingalpha.com which released: “Signet Jewelers soars after earnings shine” on August 30, 2018, also Seekingalpha.com published article titled: “Staying Disciplined With Signet Jewelers”, Seekingalpha.com published: “How Amazon Reached $1T – Cramer’s Mad Money (9/4/18)” on September 05, 2018. More interesting news about Signet Jewelers Limited (NYSE:SIG) was released by: Fool.com and their article: “Why Insys Therapeutics, Signet Jewelers, and Ciena Jumped Today” with publication date: August 30, 2018.

Signet Jewelers Limited (NYSE:SIG) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.