Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Sealed Air Corp (NYSE: SEE) improved during the last several trading days. SEE’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Sealed Air Corp (NYSE: SEE) stock declined modestly by -1.2% on 3/18/24. The stock closed at $35.69. However, below average trading volume at 70% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -2.1% during the last week.
Current PriceTarget Research Rating
SEE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Sealed Air has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Sealed Air has a good Appreciation Score of 79 but a slightly negative Power Rating of 35, leading to the Neutral Value Trend Rating.
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