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Sonoco Prods

SONNYSE
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$54.54
-0.44-0.80%
At Close: -
$54.54
00.00%
After Hours: 4:04 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$82.00
Lowest Price Target1
$52.00
Consensus Price Target1
$63.13

Sonoco Prods (NYSE:SON) Stock, Analyst Ratings, Price Targets, Forecasts

Sonoco Products Co has a consensus price target of $63.13 based on the ratings of 9 analysts. The high is $82 issued by B of A Securities on April 20, 2023. The low is $52 issued by Wells Fargo on August 21, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Wells Fargo, and Raymond James on August 21, 2024, August 2, 2024, and July 19, 2024, respectively. With an average price target of $56 between Wells Fargo, Wells Fargo, and Raymond James, there's an implied 2.68% upside for Sonoco Products Co from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Apr
1
May
1
1
Jul
1
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Raymond James
Citigroup
B of A Securities
Seaport Global

1calculated from analyst ratings

Analyst Ratings for Sonoco Prods

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Sonoco Prods (SON) stock?

A

The latest price target for Sonoco Prods (NYSE:SON) was reported by Wells Fargo on August 21, 2024. The analyst firm set a price target for $52.00 expecting SON to fall to within 12 months (a possible -4.66% downside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Sonoco Prods (SON)?

A

The latest analyst rating for Sonoco Prods (NYSE:SON) was provided by Wells Fargo, and Sonoco Prods downgraded their underweight rating.

Q

When was the last upgrade for Sonoco Prods (SON)?

A

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.

Q

When was the last downgrade for Sonoco Prods (SON)?

A

The last downgrade for Sonoco Products Co happened on August 21, 2024 when Wells Fargo changed their price target from $54 to $52 for Sonoco Products Co.

Q

When is the next analyst rating going to be posted or updated for Sonoco Prods (SON)?

A

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 August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 2025.

Q

Is the Analyst Rating Sonoco Prods (SON) correct?

A

While ratings are subjective and will change, the latest Sonoco Prods (SON) rating was a downgraded with a price target of $54.00 to $52.00. The current price Sonoco Prods (SON) is trading at is $54.54, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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