U.S. markets open in 3 hours 35 minutes

KeyBanc Sticks to Their Hold Rating for Sealed Air


KeyBanc analyst Adam Josephson reiterated a Hold rating on Sealed Air on Tuesday, setting a price target of , which is approximately % below the present share price of $28.22.

Josephson expects Sealed Air to post earnings per share (EPS) of $0.68 for the second quarter of 2020.

The current consensus among 10 TipRanks analysts is for a Hold rating of shares in Sealed Air, with an average price target of $33.67.
The analysts price targets range from a high of $41 to a low of $26.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $1.3 billion and a net profit of $203.3 million. The company's market cap is $4.24 billion.

According to TipRanks.com, KeyBanc analyst Adam Josephson is a 5-star analyst with an average return of 11.3% and a 73.3% success rate.

Sealed Air Corp (NYSE:SEE). 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.