In a report released yesterday, Adam Josephson from KeyBanc upgraded Silgan Holdings (NASDAQ: SLGN) to Hold. The company’s shares closed on Friday at $27.20, close to its 52-week low of $26.49.
According to TipRanks.com, Josephson is a 3-star analyst with an average return of 6.5% and a 54.5% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Graphic Packaging.
Silgan Holdings has an analyst consensus of Hold, with a price target consensus of $33.50.
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The company has a one-year high of $32.50 and a one-year low of $26.49. Currently, Silgan Holdings has an average volume of 602.1K.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock.
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Silgan Holdings, Inc. engages in the manufacture and sale of rigid packaging for consumer goods products. It operates through the following segments: Metal Container, Closures, Plastic Container, and Corporate. The Metal Container segment includes steel and aluminum containers for human and pet food, and general line products.
