Signet Jewelers Ltd. (NYSE:SIG) gets downgraded to Neutral by Nomura with a price target of $62.00

ME Staff
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Analyst Ratings For Signet Jewelers Ltd. (NYSE:SIG)

Today, Signet Jewelers Ltd. (NYSE:SIG) stock was downgraded by Nomura from Buy to Neutral with a price target of $62.00.

There are 12 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Signet Jewelers Ltd. (NYSE:SIG) is Hold with a consensus target price of $53.00 per share, a potential 10.17% downside.

Some recent analyst ratings include

  • 7/31/2018-Nomura was Downgraded by analysts at Nomura from a “Buy ” rating to a ” Neutral” rating. They now have a $62.00 price target on the stock.
  • 6/7/2018-Telsey Advisory Group Reiterated Rating of Market Perform.
  • 6/7/2018-Susquehanna Bancshares Reiterated Rating of Neutral .
  • 6/6/2018-Wells Fargo & Co Reiterated Rating of Hold.

Recent Insider Trading Activity For Signet Jewelers Ltd. (NYSE:SIG)
Signet Jewelers Ltd. (NYSE:SIG) has insider ownership of 0.87% and institutional ownership of 95.22%.

  • On 4/16/2018 Virginia Drosos, CEO, bought 8,980 with an average share price of $38.96 per share and the total transaction amounting to $349,860.80.
  • On 4/13/2018 Virginia Drosos, CEO, bought 4,830 with an average share price of $38.73 per share and the total transaction amounting to $187,065.90.
  • On 1/12/2018 Oded Edelman, Insider, bought 90,398 with an average share price of $55.31 per share and the total transaction amounting to $4,999,913.38.
  • On 5/31/2017 H. Todd Stitzer, Director, bought 2,090 with an average share price of $47.91 per share and the total transaction amounting to $100,131.90.
  • On 7/22/2016 Thomas G Plaskett, Director, bought 300 with an average share price of $88.88 per share and the total transaction amounting to $26,664.00.
  • On 7/19/2016 Helen Mccluskey, Director, bought 1,000 with an average share price of $89.91 per share and the total transaction amounting to $89,910.00.
  • On 7/18/2016 Sebastian Hobbs, Director, bought 500 with an average share price of $91.72 per share and the total transaction amounting to $45,860.00.

About Signet Jewelers Ltd. (NYSE:SIG)
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, the United Kingdom, the Republic of Ireland, and the Channel Islands. Its 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-based regional brands, as well as JamesAllen.com, an online jewelry retailer Website. As of February 3, 2018, this division operated 1,586 stores. The company's Zale division operates jewelry stores and mall-based kiosks in shopping malls mainly under the Zales Jewelers, Zales Outlet, Peoples Jewellers, Gordon's Jewelers, and Mappins Jewellers regional brands. As of February 3, 2018, it operated 868 jewelry stores and 598 mall-based kiosks. Its UK Jewelry division operates stores in shopping malls and off-mall locations principally under the H.Samuel and Ernest Jones brands. As of February 3, 2018, this division operated 504 stores. The company also operates a diamond polishing factory, which is involved in diamond sourcing and polishing activities. Signet Jewelers Limited was founded in 1950 and is based in Hamilton, Bermuda.

Recent Trading Activity for Signet Jewelers Ltd. (NYSE:SIG)
Shares of Signet Jewelers Ltd. closed the previous trading session at 58,94 −2,75 4,46 % with 59.73 shares trading hands.