Sealed Air Corporation (SEE) Receives Price Target

Sealed Air Corporation (SEE) : Currently there are 5 street experts covering Sealed Air Corporation (SEE) stock. The most bullish and bearish price target for the stock is $62 and $50 respectively for the short term. The average price target of all the analysts comes to $54.8. The estimated standard deviation from the target is $4.44.

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.


Also, UBS initiates coverage on Sealed Air Corporation (NYSE:SEE). The shares have now been rated Buy by the stock experts at the ratings house. UBS announces the current price target of $54 per share on Sealed Air Corporation. The rating by the firm was issued on August 23, 2016.

Sealed Air Corporation (NYSE:SEE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.06 and $46.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.50, notching a gain of 0.79% for the day. The total traded volume was 1,571,723 . The stock had closed at $47.13 on the previous day.

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.

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