Truist has revised its price target for Silgan Holdings (SLGN, Financial), lowering it to $62 from the earlier target of $70. The financial services firm maintains a Buy rating on Silgan's shares despite the adjustment. This revision reflects a broader trend of compressed multiples across firms covered by Truist, largely driven by apprehensions surrounding tariffs and an anticipated slowdown in consumer demand that may signal a potential recession. These economic challenges have influenced Truist's updated outlook on the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Silgan Holdings Inc (SLGN, Financial) is $64.56 with a high estimate of $75.00 and a low estimate of $57.00. The average target implies an upside of 32.23% from the current price of $48.82. More detailed estimate data can be found on the Silgan Holdings Inc (SLGN) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Silgan Holdings Inc's (SLGN, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Silgan Holdings Inc (SLGN, Financial) in one year is $51.48, suggesting a upside of 5.45% from the current price of $48.82. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Silgan Holdings Inc (SLGN) Summary page.
