UBS raised the firm’s price target on Signet Jewelers (SIG) to $95 from $84 and keeps a Buy rating on the shares. UBS forecasts an 11% five-year EPS compound annual growth rate and expects EPS beats over the near-term to catalyze the stock towards the $95 price target the analyst says. The firm sees a favorable upside/downside skew.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SIG:
- Signet Jewelers price target raised to $78 from $65 at BofA
- Signet Jewelers price target raised to $75 from $70 at Wells Fargo
- Signet Jewelers price target raised to $100 from $85 at Citi
- Balanced Outlook on Signet Jewelers: Hold Rating Amid Strategic Growth and Valuation Concerns
- Signet Jewelers Exceeds Expectations with Strong Q1 Results