Barclays upgraded SIG Group to Equal Weight from Underweight with an unchanged price target of CHF 18. The forestry companies are using a small number of market transactions to value their substantial forest assets, which is risky, the analyst tells investors in a research note. However, the firm sees SIG as fairly valued.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SCBGF: