Sealed Air Corp (NYSE:SEE) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 29, 2016
Boasting a price of $45.82, Sealed Air Corp (NYSE:SEE) traded -1.72% lower on the day. With the last stock price close down -3.63% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Sealed Air Corp has recorded a 50-day average of $46.73 and a two hundred day average of $47.44. Volume of trade was down over the average, with 1,376,994 shares of SEE changing hands under the typical 1,588,850
Zacks Investment Research has downgraded Sealed Air Corp (NYSE:SEE) to Sell in a statement released on Thursday September 29, 2016.
On 9/13/2016, JPMorgan released a statement for Sealed Air Corp (NYSE:SEE) bumped up the target price from $0.00 to $53.00 that suggested an upside of 0.16%.
With a total market value of $0, Sealed Air Corp has 52 week low of $38.02 and a 52 week high of $52.83 with a P/E ratio of 26.07 .
In addition to Zacks Investment Research reporting its target price, a total of 11 analysts have released a report on Sealed Air Corp. The 12-month price target is $53.73 with three analysts rating the company a strong buy, five analysts rating the company a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Sealed Air Corp (NYSE:SEE)
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 processors, retailers and food service operators a range of integrated system solutions. The Food Care business serves primarily perishable food and beverage processors, predominately in fresh red meat, smoked and processed meats, beverages, poultry and dairy markets. Diversey Care segment integrates cleaning chemicals, floor care machines, cleaning tools and equipment, and a range of services, including application and employee training, auditing of hygiene and appearance, and water and energy management. The Product Care segment provides customers with a range of Product Care solutions to meet cushioning, void fill, surface protection, retail display, containment and dunnage needs.
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