Sonoco Products Co has a consensus price target of $60.5 based on the ratings of 9 analysts. The high is $71 issued by B of A Securities on January 6, 2025. The low is $50 issued by Wells Fargo on January 6, 2025. The 3 most-recent analyst ratings were released by Citigroup, B of A Securities, and Wells Fargo on January 6, 2025, respectively. With an average price target of $58.67 between Citigroup, B of A Securities, and Wells Fargo, there's an implied 19.19% upside for Sonoco Products Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Sonoco Prods (NYSE:SON) was reported by Citigroup on January 6, 2025. The analyst firm set a price target for $55.00 expecting SON to rise to within 12 months (a possible 11.74% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Sonoco Prods (NYSE:SON) was provided by Citigroup, and Sonoco Prods maintained their buy rating.
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.
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.
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 January 6, 2025 so you should expect the next rating to be made available sometime around January 6, 2026.
While ratings are subjective and will change, the latest Sonoco Prods (SON) rating was a maintained with a price target of $59.00 to $55.00. The current price Sonoco Prods (SON) is trading at is $49.22, which is out of the analyst’s predicted range.
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