Sealed Air Corporation (NYSE:SEE) : 7 analysts are covering Sealed Air Corporation (NYSE:SEE) and their average rating on the stock is 1.86, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Sealed Air Corporation (NYSE:SEE) stock is expected to deviate a maximum of $5.25 from the average target price of $52.25 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $57 and the most muted being $45.
For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, Goldman Sachs assumes its rating on Sealed Air Corporation (NYSE:SEE).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Goldman Sachs announces the price target of $59 per share. The rating by the firm was issued on June 1, 2016.
Sealed Air Corporation (NYSE:SEE): stock turned positive on Tuesday. Though the stock opened at $43.86, the bulls momentum made the stock top out at $44.22 level for the day. The stock recorded a low of $43.42 and closed the trading day at $44.01, in the green by 1.06%. The total traded volume for the day was 2,171,248. The stock had closed at $43.55 in the previous days trading.
In an insider trading activity, Roper Ruth, officer (Vice President) of Sealed Air Corp/De, unloaded 18,000 shares at an average price of $44.08 on February 22, 2016. The total amount of the transaction was worth $793,440, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Companys segments include Food Care, which provides integrated system solutions for retailers and food service operators; Diversey Care, which provides integrated system solutions for food safety and security under Diversey brand; Product Care, which provides product care solutions to meet cushioning, void fill, positioning or block-and-bracing and surface protection, among others, and Other, which includes corporate, medical applications and new ventures businesses. Its brands include Cryovac packaging technology, Diversey and Taski brand cleaning and hygiene solutions, Bubble Wrap brand cushioning, Jiffy protective mailers and Instapak foam-in-place systems. In addition, the Company offers I-Pack system, which supports various pick stations, and e-Cube system, which is an automated packaging solution.