Raymond James raised the firm’s price target on Silgan Holdings (SLGN) to $65 from $62 and keeps an Outperform rating on the shares. The portfolio transformation towards higher value Dispensing products remains underappreciated with ample runway for both organic and inorganic high value growth opportunities, the analyst tells investors in a research note. The strong Q4 results underpinned by a top line beat confirmed the firm’s expectation of a favorable volume set-up given momentum in Pet Food and high margin Dispensing products, and Silgan’s strong 2025 outlook indicates volume momentum continues unabated, Raymond James argues.
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Read More on SLGN:
- Silgan Holdings price target raised to $65 from $63 at RBC Capital
- Silgan Holdings price target raised to $62 from $60 at Baird
- Silgan Holdings Reports Record Fourth Quarter Results
- Silgan Holdings reports Q4 adjusted EPS 85c, consensus 82c
- Silgan Holdings sees FY25 adjusted EPS $4.00-$4.20, consensus $4.13