RBC Capital analyst Arun Viswanathan maintained a Buy rating on Silgan Holdings (NASDAQ:SLGN) on Friday, setting a price target of $49, which is approximately 21.02% above the present share price of $40.49.
Viswanathan expects Silgan Holdings to post earnings per share (EPS) of $0.66 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Silgan Holdings, with an average price target of $49.13.
The analysts price targets range from a high of $58 to a low of $45.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.24 billion and a net profit of $124.09 million. The company's market cap is $4.47 billion.
According to TipRanks.com, RBC Capital analyst Arun Viswanathan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.3% and a 61.76% success rate.
Silgan Holdings, Inc. engages in the manufacture and sale of rigid packaging for consumer goods products. It operates through the following segments: Metal Containers, Closures and Plastic Containers. The Metal Containers segment includes steel and aluminium containers for human and pet food, and general line products. The Closures segment comprises of metal, composite, and plastic closures for food and beverage products. The Plastic Containers segment covers custom designed plastic containers and closures for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive, and marine chemical products. The company was founded by R. Philip Silver and D. Greg Horrigan in 1987 and is headquartered in Stamford, CT.