Silgan Holdings Inc. (NASDAQ:SLGN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 19, 2016
Zacks Investment Research has upgraded Silgan Holdings Inc.(NASDAQ:SLGN) to Hold in a report released on Monday September 19 2016.
Previously on 9/13/2016, JPMorgan reported on Silgan Holdings Inc.(NASDAQ:SLGN) upped the target price from $0.00 to $51.00 that suggested an upside of 0.03%.
Displaying a price of $49.34, Silgan Holdings Inc. (NASDAQ:SLGN) traded 0.43% lower on the day. The last stock price close is down 3.63% relative to the 200-day average, compared with the S&P 500 which has decreased -0.01% over the same period. Silgan Holdings Inc. has recorded a 50-day average of $48.92 and 200-day moving average of $50.98. 131,664 shares of the stock traded, down from ann avg. volume of 232,220
Recent Performance Graph:
With a total market value of $0.0, Silgan Holdings Inc. has a price-earnings of 19 with a 52 week low of $47.00 and a 52 week high of $56.06.
Also covering Silgan Holdings Inc.’s target price, a total of 9 analysts have issued a research note on SLGN. The 12-month target stock price is $53.44 with two analysts rating the company a strong buy, one analyst rating the stock a buy, seven analyts rating the stock a hold, one brokerage rating the stock to underperform, and finally 0 brokeragesrating the stock as sell.
About Silgan Holdings Inc. (NASDAQ:SLGN)
Silgan Holdings Inc. (Silgan) is a manufacturer of rigid packaging for shelf-stable food and other consumer goods products. The Company operates through three segments: metal container, closures and plastic container. The Company’s products include steel and aluminum containers for human and pet food and general line products; metal, composite and plastic closures for food and beverage products, and custom designed plastic containers and closures for personal care, food, healthcare, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive and marine chemical products. Its metal container business is engaged in the manufacture and sale of steel and aluminum containers that are used primarily by processors and packagers for food products, such as soup, vegetables, fruit, meat, tomato-based products, seafood, coffee, adult nutritional drinks, pet food and other miscellaneous food products, and as well as general line metal containers primarily for chemicals.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.