Sealed Air Corporation (SEE) : 8 analysts are covering Sealed Air Corporation (SEE) and their average rating on the stock is 2.25, 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. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Sealed Air Corporation (SEE) : Average target price received by Sealed Air Corporation (SEE) is $54.8 with an expected standard deviation of $4.44. The most aggressive target on the stock is $62, whereas the most downbeat target is $50. 5 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Also, UBS initiates coverage on Sealed Air Corporation (NYSE:SEE) The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency announces the price target to $54 per share. The rating by the firm was issued on August 23, 2016.
Sealed Air Corporation (NYSE:SEE): The stock opened at $46.86 and touched an intraday high of $47.61 on Wednesday. During the day, the stock corrected to an intraday low of $46.86, however, the bulls stepped in and pushed the price higher to close in the green at $47.5 with a gain of 0.11% for the day. The total traded volume for the day was 1,501,033. The stock had closed at $47.45 in the previous trading session.
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.