The average target price for Signet Jewelers (SIG) stock is $109.60. This projection is based on the analysis of five financial analysts.
Understanding SIG Stock Price Targets
A stock's target price represents an analyst's estimate of a security's future price, typically over a 12-month period. It is a forecast of where the stock is expected to trade, considering various factors such as company fundamentals, industry trends, and economic outlook. For Signet Jewelers, these price targets provide insights into the potential future valuation of the company's shares.
Here's a breakdown of the price targets for SIG stock:
Metric | Value |
---|---|
Average Target | $109.60 |
Highest Target | $132.00 |
Lowest Target | $87.00 |
The average target price of $109.60 suggests a significant upside potential for Signet Jewelers. From its current price of $81.00, this average target forecasts an upside of 35.31%. These projections are a composite view from financial experts and reflect their collective outlook on the stock's performance over the next twelve months.