Silgan Holdings Receives Buy Rating and $60 Price Target from Raymond James

Silgan Holdings (SLGN) received a Buy rating from Raymond James analyst Matt Roberts, with a $60.00 price target. Roberts has a 2-star rating and a 64.71% success rate. The consensus rating for SLGN is Strong Buy with an average price target of $62.38. The company reported Q1 revenue of $1.47 billion and a net profit of $67.96 million, compared to $1.32 billion and $55.16 million last year. Corporate insider sentiment is negative, with 21 insiders selling shares over the past quarter.