Sealed Air (NYSE:SEE) was upgraded by TheStreet from a “c+” rating to a “b-” rating in a research report issued to clients and investors on Thursday.

SEE has been the topic of a number of other reports. Robert W. Baird reissued a “buy” rating and set a $55.00 price target on shares of Sealed Air in a report on Friday, September 1st. Bank of America set a $50.00 price target on Sealed Air and gave the company a “buy” rating in a report on Friday, October 13th. BMO Capital Markets reissued a “hold” rating and set a $47.00 price target on shares of Sealed Air in a report on Sunday, August 27th. Zacks Investment Research lowered Sealed Air from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Finally, Citigroup lowered Sealed Air from a “buy” rating to a “neutral” rating and cut their price objective for the company from $52.00 to $47.00 in a research report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $48.83.

Sealed Air (NYSE:SEE) opened at $47.74 on Thursday. The stock has a market capitalization of $8,668.47, a price-to-earnings ratio of 24.03, a PEG ratio of 6.66 and a beta of 1.23. Sealed Air has a 52 week low of $41.22 and a 52 week high of $50.62. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 4.23.

Sealed Air (NYSE:SEE) last announced its earnings results on Wednesday, November 8th. The industrial products company reported $0.46 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.46. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Sealed Air had a return on equity of 67.60% and a net margin of 20.15%. Sealed Air’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm earned $0.41 EPS. research analysts predict that Sealed Air will post 1.8 earnings per share for the current year.

In related news, SVP Emile Z. Chammas sold 6,000 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $45.24, for a total transaction of $271,440.00. Following the completion of the transaction, the senior vice president now owns 142,077 shares in the company, valued at approximately $6,427,563.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Lawrence R. Codey sold 3,500 shares of the stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $42.91, for a total transaction of $150,185.00. Following the completion of the sale, the director now owns 38,180 shares of the company’s stock, valued at approximately $1,638,303.80. The disclosure for this sale can be found here. Corporate insiders own 1.05% of the company’s stock.

Several institutional investors have recently bought and sold shares of SEE. Janus Henderson Group PLC boosted its position in shares of Sealed Air 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 worth $474,465,000 after purchasing an additional 10,577,290 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Sealed Air by 199.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,592,978 shares of the industrial products company’s stock worth $205,703,000 after purchasing an additional 3,059,792 shares during the period. Wells Fargo & Company MN boosted its position in shares of Sealed Air by 245.4% during the 2nd quarter. Wells Fargo & Company MN now owns 4,191,343 shares of the industrial products company’s stock worth $187,604,000 after purchasing an additional 2,977,854 shares during the period. Jennison Associates LLC boosted its position in shares of Sealed Air by 91.6% during the 2nd quarter. Jennison Associates LLC now owns 3,378,121 shares of the industrial products company’s stock worth $151,205,000 after purchasing an additional 1,614,619 shares during the period. Finally, Eaton Vance Management boosted its position in shares of Sealed Air by 150.1% during the 2nd quarter. Eaton Vance Management now owns 2,624,092 shares of the industrial products company’s stock worth $117,454,000 after purchasing an additional 1,575,006 shares during the period. 73.00% of the stock is owned by institutional investors and hedge funds.

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Sealed Air 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 (includes Corporate, Medical Applications and New Ventures businesses), Product Care and Corporate. The Food Care segment focuses on providing a range of integrated system solutions.

Analyst Recommendations for Sealed Air (NYSE:SEE)

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