$56.82
0.42[0.74%]
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Sonoco Prods
(NYSE:SON)Sonoco Prods Stock (NYSE:SON), Analyst Ratings, Price Targets, Predictions
Sonoco Products Co has a consensus price target of $56.5, established from looking at the 23 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Wells Fargo, and Wells Fargo on April 4, 2024, February 20, 2024, and October 19, 2023. With an average price target of $57 between Citigroup, Wells Fargo, and Wells Fargo, there's an implied 1.06% upside for Sonoco Products Co from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
Wells Fargo
Argus Research
B of A Securities
Seaport Global
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Sonoco Prods
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/04/2024 | SON | Buy Now | Sonoco Prods | $56.40 | 15.25% | Citigroup | Anthony Pettinari | $66 → $65 | Maintains | Buy | Get Alert |
| 02/20/2024 | SON | Buy Now | Sonoco Prods | $56.40 | -0.71% | Wells Fargo | Gabe Hajde | $58 → $56 | Maintains | Equal-Weight | Get Alert |
| 10/19/2023 | SON | Buy Now | Sonoco Prods | $56.40 | -11.35% | Wells Fargo | Gabe Hajde | $55 → $50 | Maintains | Equal-Weight | Get Alert |
| 08/03/2023 | SON | Buy Now | Sonoco Prods | $56.40 | — | Argus Research | David Coleman | — | Downgrade | Buy → Hold | Get Alert |
| 08/02/2023 | SON | Buy Now | Sonoco Prods | $56.40 | -2.48% | Wells Fargo | Gabe Hajde | $61 → $55 | Maintains | Equal-Weight | Get Alert |
| 07/17/2023 | SON | Buy Now | Sonoco Prods | $56.40 | 8.16% | Wells Fargo | Gabe Hajde | $62 → $61 | Maintains | Equal-Weight | Get Alert |
| 07/11/2023 | SON | Buy Now | Sonoco Prods | $56.40 | 20.57% | Citigroup | Anthony Pettinari | $70 → $68 | Maintains | Buy | Get Alert |
| 04/20/2023 | SON | Buy Now | Sonoco Prods | $56.40 | 45.39% | B of A Securities | George Staphos | $76 → $82 | Maintains | Buy | Get Alert |
| 03/20/2023 | SON | Buy Now | Sonoco Prods | $56.40 | 15.25% | Seaport Global | Mark Weintraub | → $65 | Upgrade | Neutral → Buy | Get Alert |
| 02/14/2023 | SON | Buy Now | Sonoco Prods | $56.40 | 18.79% | Argus Research | David Coleman | → $67 | Upgrade | Hold → Buy | Get Alert |
| 02/13/2023 | SON | Buy Now | Sonoco Prods | $56.40 | 22.34% | Citigroup | Anthony Pettinari | $71 → $69 | Maintains | Buy | Get Alert |
| 11/02/2022 | SON | Buy Now | Sonoco Prods | $56.40 | 13.48% | Wells Fargo | Gabe Hajde | $67 → $64 | Maintains | Equal-Weight | Get Alert |
| 10/31/2022 | SON | Buy Now | Sonoco Prods | $56.40 | 2.84% | BMO Capital | Mark Wilde | $65 → $58 | Downgrade | Market Perform → Underperform | Get Alert |
| 10/13/2022 | SON | Buy Now | Sonoco Prods | $56.40 | — | B of A Securities | George Staphos | — | Upgrade | Underperform → Buy | Get Alert |
| 10/11/2022 | SON | Buy Now | Sonoco Prods | $56.40 | 27.66% | Citigroup | Anthony Pettinari | $73 → $72 | Maintains | Buy | Get Alert |
| 07/01/2022 | SON | Buy Now | Sonoco Prods | $56.40 | 17.02% | Citigroup | Anthony Pettinari | → $66 | Initiates | → Buy | Get Alert |
| 04/22/2022 | SON | Buy Now | Sonoco Prods | $56.40 | — | Seaport Global | Mark Weintraub | — | Downgrade | Buy → Neutral | Get Alert |
| 04/19/2022 | SON | Buy Now | Sonoco Prods | $56.40 | 13.48% | Wells Fargo | Gabe Hajde | $59 → $64 | Maintains | Equal-Weight | Get Alert |
| 01/12/2022 | SON | Buy Now | Sonoco Prods | $56.40 | 2.84% | Wells Fargo | Gabe Hajde | $66 → $58 | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Sonoco Prods (SON)?
The latest price target for Sonoco Prods (NYSE: SON) was reported by Citigroup on April 4, 2024. The analyst firm set a price target for $65.00 expecting SON to rise to within 12 months (a possible 14.40% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Sonoco Prods (SON)?
The latest analyst rating for Sonoco Prods (NYSE: SON) was provided by Citigroup, and Sonoco Prods maintained their buy rating.
When was the last upgrade for Sonoco Prods (SON)?
The last upgrade for Sonoco Products Co happened on March 20, 2023 when Seaport Global raised their price target to $65. Seaport Global previously had a neutral for Sonoco Products Co.
When was the last downgrade for Sonoco Prods (SON)?
The last downgrade for Sonoco Products Co happened on August 3, 2023 when Argus Research changed their price target from N/A to N/A for Sonoco Products Co.
When is the next analyst rating going to be posted or updated for Sonoco Prods (SON)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sonoco Prods, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sonoco Prods was filed on April 4, 2024 so you should expect the next rating to be made available sometime around April 4, 2025.
Is the Analyst Rating Sonoco Prods (SON) correct?
While ratings are subjective and will change, the latest Sonoco Prods (SON) rating was a maintained with a price target of $66.00 to $65.00. The current price Sonoco Prods (SON) is trading at is $56.82, which is out of the analyst’s predicted range.
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