SIGNET JEWELERS REPURCHASES 50% OF CONVERTIBLE PREFERRED SHARES AHEAD OF MATURITY

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Signet Jewelers (SIG) PT Raised to $115 at BofA Securities

April 4, 2024 5:37 AM EDT

BofA Securities analyst Lorraine Hutchinson raised the price target on Signet Jewelers (NYSE: SIG) to $115.00 (from $100.00) while maintaining a Neutral rating.

The analyst comments "We are raising our F25/F26 EPS estimates on Signet Jewelers (SIG) by 9%/16% to $10.31/$11.78 to reflect the conversion and purchase... More