Raymond James has spotlighted Silgan Holdings (SLGN, Financial) by adding it to its exclusive Analyst Current Favorites list, which features top stock recommendations from the firm’s equity analysts. This inclusion underscores the firm’s confidence in SLGN’s potential, as each analyst is permitted to feature only one "buy" recommendation on this list at any time.
In a related enhancement, Silgan Holdings received an upgrade from Raymond James, shifting its rating from Outperform to Strong Buy. Accompanying this upgrade, the price target for SLGN has been set to $60, slightly adjusted from the previous target of $65. This move reflects a strategic recalibration, aligning with the firm’s optimistic outlook on Silgan’s prospects.
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.
