Sealed Air Corporation with ticker code (SEE) have now 15 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 79 and 52 and has a mean target at 71.33. Given that the stocks previous close was at 65.7 this would indicate that there is a potential upside of 8.6%. There is a 50 day moving average of 65.48 and the 200 day moving average is 59.4. The company has a market capitalisation of $9,863m. Visit the company website at: https://www.sealedair.com
The potential market cap would be $10,708m based on the market concensus.
Sealed Air Corporation provides food safety and security, and product protection solutions and equipment in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety and shelf life extension, automate processes, and optimize total cost for perishable food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, and dairy markets under the Cryovac, Cryovac Grip & Tear, Cryovac Darfresh, Cryovac Mirabella, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides foam, corrugated, molded pulp, and wood packaging solutions to protect goods in shipping for the e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the Bubble Wrap, Autobag, Sealed Air, Instapak, Korrvu, Kevothermal, and TempGuard brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, third-party logistics partners, e-commerce/fulfillment operations, and retail centers. Sealed Air Corporation was founded in 1960 and is headquartered in Charlotte, North Carolina.
