In a report released today, Scott Gaffner from Barclays maintained a Buy rating on Sealed Air (NYSE: SEE), with a price target of $50. The company’s shares opened today at $41.24, close to its 52-week low of $40.76.
According to TipRanks.com, Gaffner is a 4-star analyst with an average return of 8.9% and a 58.6% success rate. Gaffner covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Ardagh Group SA.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sealed Air with a $51.67 average price target.
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The company has a one-year high of $49.94 and a one-year low of $40.76. Currently, Sealed Air has an average volume of 1.66M.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock.
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Sealed Air Corp. engages in the provision of food safety and security, facility hygiene and product protection services. It operates through the following segments: Food Care, Diversey Care, Product Care, and Other.
