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UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Sealed Air Corp

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In a report published Monday, Jefferies & Company reiterated its Buy rating on Sealed Air Corp (NYSE: SEE), and slightly raised its price target from $19.00 to $20.00.

Jefferies noted, “Now that Diversey is finally stabilizing and mgmt is executing better, we have increased conviction that shares are biased to the upside. Further, we believe the incoming CEO has the ability and experience to integrate Diversey and should be able to unlock shareholder value.”

Sealed Air Corp closed on Friday at $16.67.

Latest Ratings for SEE

DateFirmActionFromTo
May 2017RBC CapitalDowngradesOutperformSector Perform
Oct 2016CitigroupMaintainsBuy
Sep 2016JP MorganInitiates Coverage onNeutral

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Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings

 

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