Silgan (NYSE:SLGN) Price Target Raised to $55.00

Silgan (NYSE:SLGN) had its price target raised by Wells Fargo & Company from $52.00 to $55.00 in a research report sent to investors on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the industrial products company’s stock.

Other equities analysts also recently issued reports about the stock. UBS Group restated a “neutral” rating and set a $50.00 target price (up from $44.00) on shares of Silgan in a report on Thursday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $49.00 price target (up from $43.00) on shares of Silgan in a research report on Thursday. Zacks Research raised shares of Silgan from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Truist Financial set a $50.00 target price on Silgan and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, Citigroup reiterated a “buy” rating and set a $56.00 target price (up previously from $47.00) on shares of Silgan in a report on Friday. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.38.

Silgan Stock Performance

SLGN opened at $48.92 on Friday. Silgan has a 1-year low of $36.15 and a 1-year high of $57.04. The stock has a market cap of $5.17 billion, a P/E ratio of 18.19, a P/E/G ratio of 2.09 and a beta of 0.72. The stock’s 50 day simple moving average is $41.72 and its 200 day simple moving average is $42.94. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.49 and a quick ratio of 0.31.

Silgan (NYSE:SLGN) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. Silgan had a return on equity of 17.94% and a net margin of 4.45%.Silgan’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 earnings per share. Silgan has set its FY 2026 guidance at 3.700-3.900 EPS and its Q1 2026 guidance at 0.700-0.800 EPS. As a group, equities analysts anticipate that Silgan will post 4.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd grew its position in shares of Silgan by 174.6% in the second quarter. Caitong International Asset Management Co. Ltd now owns 497 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 316 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in Silgan in the 3rd quarter worth about $33,000. Hantz Financial Services Inc. grew its holdings in Silgan by 359.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 634 shares of the industrial products company’s stock valued at $34,000 after buying an additional 496 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Silgan by 627.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 577 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Silgan during the 2nd quarter worth about $40,000. Hedge funds and other institutional investors own 70.25% of the company’s stock.

About Silgan

Silgan Holdings Inc (NYSE: SLGN) is a leading supplier of rigid packaging solutions for consumer goods manufacturers. The company’s core business activities center on the design, production and distribution of metal and plastic containers, closures and dispense systems. Silgan serves a broad array of end markets, including food and beverage, home and personal care, health care and industrial products, providing both standard and custom packaging formats.

Founded in 1987 and headquartered in Stamford, Connecticut, Silgan has grown organically and through strategic acquisitions to establish a global manufacturing footprint.