Sealed Air Receives a Hold from RBC Capital

By Jason Carr

RBC Capital analyst Arun Viswanathan reiterated a Hold rating on Sealed Air (NYSE: SEE) on September 11 and set a price target of $45. The company’s shares opened today at $43.43.

According to TipRanks.com, Viswanathan is a 5-star analyst with an average return of 11.8% and a 71.6% success rate. Viswanathan covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Westlake Chemical Corp, and Axalta Coating Systems.

Currently, the analyst consensus on Sealed Air is Moderate Buy and the average price target is $48.57, representing an 11.8% upside.

In a report issued on September 7, Citigroup also downgraded the stock to Hold with a $47 price target.

The company has a one year high of $50.62 and a one year low of $41.74. Currently, Sealed Air has an average volume of 2.04M.

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.

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.