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Silgan Holdings Inc. (NASDAQ:SLGN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded Silgan Holdings Inc.(NASDAQ:SLGN) to Hold in a statement released on 8/22/2016.

Yesterday Silgan Holdings Inc. (NASDAQ:SLGN) traded 0.44% lower at $48.12. The company’s 50-day moving average is $48.92 and its two hundred day moving average is $50.98. The last stock close is down 3.22% relative to the 200-day average, compared to the S&P 500 Index which has decreased -0.01% over the same period. Trade volume was was up over the average, with 475,630 shares of SLGN changing hands over the typical 232,220 shares..

Recent Performance Graph:

Silgan Holdings Inc. (NASDAQ:SLGN)

Silgan Holdings Inc. has a PE of 19 with a one-year low of $47.00 and a one-year high of $56.06. SLGN’s market capitalization is presently $0.0.

A total of 9 firms have reported on the stock. Two firms rate the company a strong buy, one firm rate the company a buy, seven analyts rate the company a hold, one brokerage rate the stock to underperform, and finally 0 analystsrate the stock as sell with a one year target stock price of $53.44

General Company Details For 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.

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