Sealed Air (SEE) Receives a Hold from Wells Fargo

By Carrie Williams

In a report issued on December 6, Gabrial Hajde from Wells Fargo maintained a Hold rating on Sealed Air (SEEResearch Report). The company’s shares closed last Monday at $38.71.

According to TipRanks.com, Hajde is a 1-star analyst with an average return of -5.3% and a 30.0% success rate. Hajde covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Crown Holdings, and Owens-Illinois.

Currently, the analyst consensus on Sealed Air is a Hold with an average price target of $44.33.

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Sealed Air’s market cap is currently $5.98B and has a P/E ratio of 16.38. The company has a Price to Book ratio of -19.67.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SEE in relation to earlier this year.

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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.