RBC Capital analyst Arun Viswanathan maintained a Buy rating on Sealed Air (SEE – Research Report) on April 23 and set a price target of $43.00. The company’s shares closed yesterday at $31.72.
Viswanathan covers the Basic Materials sector, focusing on stocks such as PPG Industries, Axalta Coating Systems, and Corteva. According to TipRanks, Viswanathan has an average return of 3.6% and a 55.49% success rate on recommended stocks.
Sealed Air has an analyst consensus of Moderate Buy, with a price target consensus of $43.71.
The company has a one-year high of $47.37 and a one-year low of $28.17. Currently, Sealed Air has an average volume of 1.58M.
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Sealed Air (SEE) Company Description:
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. The Food Care segment focuses on providing processors, retailers and food service operators a broad range of integrated system solutions that improve the management of contamination risk and facility hygiene during the food and beverage production process, extend product shelf life through packaging technologies, and improve merchandising, ease-of-use, and back-of-house preparation processes The Diversey Care segment represents the broad offering of Diversey branded system solutions for facility hygiene, food safety and security, and infection control. The Product Care segment offers costumers a portfolio of Product Care systems designed for use across a range of applications and industries. The Other segment involves medical applications and new venture businesses. The company was founded by Alfred W. Fielding and Marc Chavannes in 1960 and is headquartered in Charlotte, NC.
