On June 16, 2025, Jefferies analyst Randal Konik initiated coverage on Signet Jewelers (SIG, Financial), announcing a "Buy" rating for the stock. The firm has set a price target of USD 102.00, indicating a bullish outlook for the company.
Signet Jewelers (SIG, Financial) did not have any prior rating from Jefferies, making this initiation a fresh perspective from the analyst. This new rating and price target may influence investor interest and trading volumes for the company's stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Signet Jewelers Ltd (SIG, Financial) is $87.14 with a high estimate of $102.00 and a low estimate of $75.00. The average target implies an upside of 13.93% from the current price of $76.49. More detailed estimate data can be found on the Signet Jewelers Ltd (SIG) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Signet Jewelers Ltd's (SIG, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Signet Jewelers Ltd (SIG, Financial) in one year is $85.54, suggesting a upside of 11.83% from the current price of $76.49. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Signet Jewelers Ltd (SIG) Summary page.
