The Latest Analyst Ratings for Silgan Hldgs
Portfolio Pulse from Benzinga Insights
Silgan Holdings (NYSE:SLGN) has received 6 analyst ratings in the last quarter, with 2 bullish and 4 somewhat bullish, and none indifferent, somewhat bearish, or bearish. The average price target is $49.17, representing an implied upside from the current price of $42.365. This average price target is a 7.58% decrease from the previous average of $53.20. Analysts rate stocks based on research and provide guidance on performance metrics.
December 05, 2023 | 3:00 pm
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POSITIVE IMPACT
Silgan Holdings has received a majority of positive ratings from analysts, with a current average price target of $49.17, which is above its current price of $42.365 but lower than the previous target of $53.20.
The positive analyst ratings and the higher price target compared to the current stock price suggest a bullish sentiment, which could lead to a short-term increase in SLGN's stock price. However, the decrease from the previous price target may temper expectations slightly.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100