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Enter Symbol:
Rating: SIG

Signet Group Plc (NYSE: SIG) upgraded to Overweight by JP Morgan

Friday,  Nov 6, 2015  10:25 AM ET by Kristen Bailey

JP Morgan upgraded Signet Group Plc (NYSE: SIG) to
Overweight. JP Morgan rated Signet Group Plc (NYSE: SIG) to Neutral on 01/14/2013, when the price was $58.83.

Signet Jewelers Limited (Signet), formerly Signet Group plc, is a specialty retail jeweler, with stores in the United States, United Kingdom, Republic of Ireland and Channel Islands. In the United States, as of January 31, 2009, Signet operated 1,401 stores in 50 states. Its stores trade nationally in malls and off-mall locations as Kay Jewelers (Kay), and regionally under a number of mall-based brands. Destination superstores trade nationwide as Jared The Galleria Of Jewelry (Jared). In the United Kinfdom, the stores trade as H.Samuel, Ernest Jones and Leslie Davis, and are situated in High Street locations (main shopping thoroughfares with high pedestrian traffic) or shopping malls. The United Kingdom division operated 558 stores, as of January 31, 2009, including 14 stores in the Republic of Ireland. The Company operates in two geographical segments: the United States division (approximately 76% of sales) and the United Kingdom division (approximately 24% of sales).

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.

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