Signet Jewelers Limited (NYSE:SIG) has been the subject of recent analyst actions. On December 11, 2025, Goldman Sachs began covering the company. The firm assigned a Neutral rating and set a price objective of $96.
This coverage was part of Goldman Sachs's move into the retail clothing sector. The firm indicated it prefers companies that have pricing power and are expanding their store networks. Goldman Sachs analysts noted that clothing prices have not kept pace with inflation, suggesting a possible price increase could help value-focused retailers address tariff issues.
The analysts further stated that Goldman Sachs is interested in newer concepts with significant potential for store growth, especially as spending by middle- and upper-class consumers remains strong.
In a separate development on December 10, 2025, Jefferies increased its price target for Signet Jewelers. The target was raised from $130 to $150, and the firm kept its Buy rating in place.
Jefferies explained that the company's sales and profits have shifted because lab-grown diamonds are now providing a benefit rather than a challenge. Signet Jewelers Limited is a retailer specializing in diamond jewelry.