18.08 % to Target, Citigroup Reconfirms ‘”Neutral”’ Rating on Sealed Air (NYSE:SEE) Shares Today

October 11, 2018 - By Winifred Garcia

Sealed Air Corporation (NYSE:SEE) Logo

Sealed Air (NYSE:SEE) Rating Reaffirmed

They currently have a $42 TP on Sealed Air (NYSE:SEE). The target price by Citigroup would suggest a potential upside of 18.08 % from the company’s close price. This has been revealed to clients and investors in an analyst note on Thursday, 11 October.

Sealed Air Corporation (NYSE:SEE) Ratings Coverage

Among 5 analysts covering Sealed Air (NYSE:SEE), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Sealed Air has $53 highest and $48 lowest target. $50.60’s average target is 42.25% above currents $35.57 stock price. Sealed Air had 5 analyst reports since May 4, 2018 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $48 target in Friday, May 4 report. The stock of Sealed Air Corporation (NYSE:SEE) has “Buy” rating given on Friday, May 4 by Bank of America. The company was maintained on Thursday, August 9 by Barclays Capital.

The stock decreased 1.55% or $0.56 during the last trading session, reaching $35.57. About 1.82M shares traded. Sealed Air Corporation (NYSE:SEE) has declined 6.44% since October 11, 2017 and is downtrending. It has underperformed by 22.06% the S&P500.

Analysts await Sealed Air Corporation (NYSE:SEE) to report earnings on November, 14. They expect $0.65 EPS, up 41.30 % or $0.19 from last year’s $0.46 per share. SEE’s profit will be $103.23M for 13.68 P/E if the $0.65 EPS becomes a reality. After $0.64 actual EPS reported by Sealed Air Corporation for the previous quarter, Wall Street now forecasts 1.56 % EPS growth.

Sealed Air Corporation provides food safety and security, facility hygiene, and product protection solutions worldwide. The company has market cap of $5.65 billion. The companyÂ’s Food Care segment offers integrated system solutions that incorporate equipment systems into customersÂ’ operations; and packaging equipment for loading, filling and dispensing, and retort and aseptic processing conditions. It has a 9.21 P/E ratio. It also provides graphic design, printing, training, field quality assurance, and remote diagnostics services; and clean-in-place and open plant systems that integrate cleaning chemicals, lubricants, floor care equipment, and cleaning and dispensing tools.

More news for Sealed Air Corporation (NYSE:SEE) were recently published by: Bizjournals.com, which released: “CBJ Morning Buzz: Strengthened Hurricane Michael could bring flooding to Charlotte; New gig for ex-mayor; LKN …” on October 10, 2018. Streetinsider.com‘s article titled: “Sealed Air (SEE) Reports Election of Hal Lawton to Board” and published on October 09, 2018 is yet another important article.

Sealed Air Corporation (NYSE:SEE) Ratings Chart

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