BMO Capital Sticks to Their Hold Rating for Sealed Air

By Carrie Williams

In a report issued on August 25, Mark Wilde from BMO Capital reiterated a Hold rating on Sealed Air (NYSE: SEE), with a price target of $47. The company’s shares closed on Friday at $44.82.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 10.8% and a 67.2% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as Multi Packaging Solutions, International Paper Co, and Graphic Packaging.

Currently, the analyst consensus on Sealed Air is Hold and the average price target is $47.75, representing a 6.5% upside.

In a report issued on August 11, Jefferies also reiterated a Hold rating on the stock with a $44 price target.

Sealed Air’s market cap is currently $8.52B and has a P/E ratio of 23.29. The company has a book value ratio of 25.0883.

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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.