KeyBanc analyst Adam Josephson maintained a Hold rating on Silgan Holdings (SLGN) today. The company’s shares closed last Wednesday at $36.32.
According to TipRanks.com, Josephson is a 3-star analyst with an average return of 1.4% and a 53.1% success rate. Josephson covers the Basic Materials sector, focusing on stocks such as International Paper Co, Berry Global Group, and Graphic Packaging.
Currently, the analyst consensus on Silgan Holdings is a Moderate Buy with an average price target of $42.60.
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Silgan Holdings’ market cap is currently $4.28B and has a P/E ratio of 17.10. The company has a Price to Book ratio of -3.53.
Based on the recent corporate insider activity of 15 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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. The Closures segment comprises of metal, composite, and plastic closures for food and beverage products. The Plastic Containers segment covers custom designed plastic containers and closures for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive, and marine chemical products. The company was founded by R. Philip Silver and D. Greg Horrigan in 1987 and is headquartered in Stamford, CT.
