Barclays Maintains an 'Equalweight' on Signet Jewelers (SIG); Review of 4Q10

Barclays maintains an 'Equalweight' on Signet Jewelers (NYSE: SIG), PT $45.

Barclays analyst says, "Signet Jewelers reported 4Q10 EPS of $1.55, $0.01 above consensus: The company largely reported an in-line quarter, with both top-line (up 5.6%) and operating margin (16.6%) matching our expectations...Given continued pressures from the U.K. and commodity inflation, we believe it is prudent to take a slightly more conservative stance and are decreasing our 2011 EPS estimate to $3.00 from $3.05."

For more ratings news on Signet Jewelers click here and for the rating history of Signet Jewelers click here.

Shares of Signet Jewelers closed at $45.10 yesterday.

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