▼ -53.34% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Signet Jewelers in the last 3 months. The average price target is $13.75, with a high forecast of $25.00 and a low forecast of $8.00. The average price target represents a -53.34% upside from the last price of $29.47.
The current consensus among 5 contributing investment analysts is to sell stock in Signet Jewelers. This rating has held steady since March 2020, when it changed from a Hold consensus rating.
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. As of February 01, 2020, it operated 3,208 stores and kiosks. The company operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Piercing Pagoda, Peoples Jewellers, Gordon's Jewelers, and Mappins Jewellers regional banners; and JamesAllen.com, an online jewelry retailer Website. This segment operated 2,639 locations in the United States and 118 locations in Canada. The International segment operates stores in shopping malls and off-mall locations, principally under the H.Samuel and Ernest Jones brands. This segment operated 451 stores in the United Kingdom, the Republic of Ireland, and the Channel Islands. The Other segment is involved in the purchase and conversion of rough diamonds to polished stones, as well as provision of diamond polishing services. Signet Jewelers Limited was founded in 1950 and is based in Hamilton, Bermuda.