In a report released today, Adam Josephson from KeyBanc maintained a Hold rating on Silgan Holdings (SLGN). The company’s shares closed last Monday at $31.13, close to its 52-week high of $31.69.
According to TipRanks.com, Josephson is a 4-star analyst with an average return of 9.4% and a 66.3% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Graphic Packaging.
The word on The Street in general, suggests a Hold analyst consensus rating for Silgan Holdings with a $32.00 average price target.
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The company has a one-year high of $31.69 and a one-year low of $22.24. Currently, Silgan Holdings has an average volume of 386.1K.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SLGN in relation to earlier this year.
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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 Containers, Closures and Plastic Containers. The Metal Containers segment includes steel and aluminium containers for human and pet food, and general line products.
