On Tuesday, the Vetr crowd upgraded their rating for Signet Jewelers Ltd. (NYSE: SIG) from 4 Stars (Buy), issued five days ago, to 4.5 Stars (Strong Buy). Crowd sentiment for the stock is unanimously positive, with 100 percent of Vetr user ratings bullish.
Shares of the jeweler have fallen 16 percent since the start of the year, following a 3.46 million shares sale from Corvex Management, one of Signet's biggest holders. By the end of the trading day on January 17, the stock was limping around $81.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average target price for the stock is up at $91.20, which is well below the average analyst target price of $109.49. Less than 2 percent of Vetr users are holding SIG in their watch lists.