SWX:SIGNPackaging
SIG Group (SWX:SIGN): Exploring Valuation After Berenberg Downgrade and Demand Outlook Shift
Berenberg's move to downgrade SIG Group (SWX:SIGN) from Buy to Hold has drawn attention. The decision reflects reduced earnings forecasts and expectations for softer demand in the company’s packaging business, along with growing concerns about working capital and an ongoing legal dispute.
See our latest analysis for SIG Group.
The recent downgrade has come amid tough trading for SIG Group. Although shares ticked up 3.1% over the past week, the 90-day share price return sits at a steep -36.4%,...