Sealed Air Corporation (NYSE:SEE)‘s stock had its “hold” rating reaffirmed by Jefferies Group LLC in a report issued on Thursday. They currently have a $44.00 target price on the industrial products company’s stock. Jefferies Group LLC’s price objective points to a potential upside of 1.69% from the company’s current price.

Several other research firms have also recently weighed in on SEE. Royal Bank Of Canada restated a “hold” rating and set a $45.00 price target on shares of Sealed Air Corporation in a report on Wednesday. BidaskClub upgraded Sealed Air Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. SunTrust Banks, Inc. set a $48.00 target price on Sealed Air Corporation and gave the stock a “buy” rating in a report on Sunday. Robert W. Baird reissued a “buy” rating and set a $55.00 price target on shares of Sealed Air Corporation in a research note on Friday, September 1st. Finally, BMO Capital Markets reissued a “hold” rating and set a $45.00 price target on shares of Sealed Air Corporation in a research note on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. Sealed Air Corporation currently has an average rating of “Hold” and a consensus target price of $48.18.

Shares of Sealed Air Corporation (NYSE:SEE) traded down 0.37% on Thursday, hitting $43.27. The stock had a trading volume of 2,161,559 shares. The stock has a market capitalization of $8.22 billion, a P/E ratio of 22.36 and a beta of 1.19. The firm has a 50-day moving average price of $44.35 and a 200-day moving average price of $44.54. Sealed Air Corporation has a 52 week low of $41.74 and a 52 week high of $50.62.

Sealed Air Corporation (NYSE:SEE) last released its earnings results on Tuesday, August 8th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.01). Sealed Air Corporation had a return on equity of 84.32% and a net margin of 6.81%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the business posted $0.65 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Equities analysts expect that Sealed Air Corporation will post $1.83 earnings per share for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of SEE. BlackRock Inc. grew its stake in Sealed Air Corporation by 3,073.2% during the 1st quarter. BlackRock Inc. now owns 12,040,099 shares of the industrial products company’s stock valued at $524,706,000 after purchasing an additional 11,660,671 shares during the last quarter. Janus Henderson Group PLC grew its stake in Sealed Air Corporation by 46,138.7% during the 2nd quarter. Janus Henderson Group PLC now owns 10,600,215 shares of the industrial products company’s stock valued at $474,465,000 after purchasing an additional 10,577,290 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Sealed Air Corporation by 199.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,592,978 shares of the industrial products company’s stock valued at $205,703,000 after purchasing an additional 3,059,792 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Sealed Air Corporation by 245.4% in the 2nd quarter. Wells Fargo & Company MN now owns 4,191,343 shares of the industrial products company’s stock valued at $187,604,000 after buying an additional 2,977,854 shares during the period. Finally, Manning & Napier Advisors LLC lifted its holdings in shares of Sealed Air Corporation by 5,650.5% in the 2nd quarter. Manning & Napier Advisors LLC now owns 2,506,945 shares of the industrial products company’s stock valued at $112,209,000 after buying an additional 2,463,350 shares during the period. Institutional investors and hedge funds own 92.16% of the company’s stock.

Sealed Air Corporation Company Profile

Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company’s segments are Food Care, Diversey Care, Product Care and Other (includes Corporate, Medical Applications and New Ventures businesses). The Food Care segment focuses on providing a range of integrated system solutions.

Analyst Recommendations for Sealed Air Corporation (NYSE:SEE)

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