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Sonoco Prods Analyst Ratings and Price Targets | NYSE:SON | Benzinga
Sonoco Products Co has a consensus price target of $59.25 based on the ratings of 9 analysts. The high is $71 issued by B of A Securities on January 6, 2025. The low is $48 issued by Wells Fargo on February 24, 2025. The 3 most-recent analyst ratings were released by Wells Fargo, Truist Securities, and Citigroup on February 24, 2025, February 21, 2025, and January 6, 2025, respectively. With an average price target of $54.33 between Wells Fargo, Truist Securities, and Citigroup, there's an implied 16.75% upside for Sonoco Products Co from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Truist Securities
Citigroup
B of A Securities
Baird
1calculated from analyst ratings
Analyst Ratings for Sonoco Prods
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 02/24/2025 | Buy Now | 3.14% | Wells Fargo | Gabe Hajde77% | $50 → $48 | Maintains | Underweight | Get Alert |
| 02/21/2025 | Buy Now | 28.92% | Truist Securities | Michael Roxland57% | $68 → $60 | Maintains | Buy | Get Alert |
| 01/06/2025 | Buy Now | 18.18% | Citigroup | Anthony Pettinari77% | $59 → $55 | Maintains | Buy | Get Alert |
| 01/06/2025 | Buy Now | 52.56% | B of A Securities | George Staphos56% | $66 → $71 | Maintains | Buy | Get Alert |
| 01/06/2025 | Buy Now | 7.43% | Wells Fargo | Gabe Hajde77% | $52 → $50 | Maintains | Underweight | Get Alert |
| 01/06/2025 | Buy Now | 46.11% | Truist Securities | Michael Roxland57% | $63 → $68 | Maintains | Buy | Get Alert |
| 11/26/2024 | Buy Now | 35.37% | Truist Securities | Michael Roxland57% | → $63 | Initiates | → Buy | Get Alert |
| 11/04/2024 | Buy Now | 18.18% | Baird | Ghansham Panjabi76% | $58 → $55 | Maintains | Neutral | Get Alert |
| 10/02/2024 | Buy Now | 35.37% | Citigroup | Anthony Pettinari77% | $62 → $63 | Maintains | Buy | Get Alert |
| 08/21/2024 | Buy Now | 11.73% | Wells Fargo | Gabe Hajde77% | $54 → $52 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 08/02/2024 | Buy Now | 16.03% | Wells Fargo | Gabe Hajde77% | $55 → $54 | Maintains | Equal-Weight | Get Alert |
| 07/19/2024 | Buy Now | 33.22% | Raymond James | Matt Roberts46% | → $62 | Initiates | → Outperform | Get Alert |
| 07/17/2024 | Buy Now | 18.18% | Wells Fargo | Gabe Hajde77% | $57 → $55 | Maintains | Equal-Weight | Get Alert |
| 07/08/2024 | Buy Now | 28.92% | Citigroup | Anthony Pettinari77% | $64 → $60 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | 22.48% | Wells Fargo | Gabe Hajde77% | $56 → $57 | Maintains | Equal-Weight | Get Alert |
| 04/04/2024 | Buy Now | 39.66% | Citigroup | Anthony Pettinari77% | $66 → $65 | Maintains | Buy | Get Alert |
| 02/20/2024 | Buy Now | 20.33% | Wells Fargo | Gabe Hajde77% | $58 → $56 | Maintains | Equal-Weight | Get Alert |
| 10/19/2023 | Buy Now | 7.43% | Wells Fargo | Gabe Hajde77% | $55 → $50 | Maintains | Equal-Weight | Get Alert |
| 08/03/2023 | Buy Now | — | Argus Research | David Coleman63% | — | Downgrade | Buy → Hold | Get Alert |
| 08/02/2023 | Buy Now | 18.18% | Wells Fargo | Gabe Hajde77% | $61 → $55 | Maintains | Equal-Weight | Get Alert |
| 07/17/2023 | Buy Now | 31.07% | Wells Fargo | Gabe Hajde77% | $62 → $61 | Maintains | Equal-Weight | Get Alert |
| 07/11/2023 | Buy Now | 46.11% | Citigroup | Anthony Pettinari77% | $70 → $68 | Maintains | Buy | Get Alert |
| 04/20/2023 | Buy Now | 76.19% | B of A Securities | George Staphos56% | $76 → $82 | Maintains | Buy | Get Alert |
| 03/20/2023 | Buy Now | 39.66% | Seaport Global | Mark Weintraub77% | → $65 | Upgrade | Neutral → Buy | Get Alert |
| 02/14/2023 | Buy Now | 43.96% | Argus Research | David Coleman63% | → $67 | Upgrade | Hold → Buy | Get Alert |
| 02/13/2023 | Buy Now | 48.26% | Citigroup | Anthony Pettinari77% | $71 → $69 | Maintains | Buy | Get Alert |
| 11/02/2022 | Buy Now | 37.52% | Wells Fargo | Gabe Hajde77% | $67 → $64 | Maintains | Equal-Weight | Get Alert |
| 10/31/2022 | Buy Now | 24.62% | BMO Capital | Mark Wilde45% | $65 → $58 | Downgrade | Market Perform → Underperform | Get Alert |
| 10/13/2022 | Buy Now | — | B of A Securities | George Staphos56% | — | Upgrade | Underperform → Buy | Get Alert |
| 10/11/2022 | Buy Now | 54.71% | Citigroup | Anthony Pettinari77% | $73 → $72 | Maintains | Buy | Get Alert |
| 07/01/2022 | Buy Now | 41.81% | Citigroup | Anthony Pettinari77% | → $66 | Initiates | → Buy | Get Alert |
| 04/22/2022 | Buy Now | — | Seaport Global | Mark Weintraub77% | — | Downgrade | Buy → Neutral | Get Alert |
| 04/19/2022 | Buy Now | 37.52% | Wells Fargo | Gabe Hajde77% | $59 → $64 | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Sonoco Prods (SON) stock?
The latest price target for Sonoco Prods (NYSE:SON) was reported by Wells Fargo on February 24, 2025. The analyst firm set a price target for $48.00 expecting SON to rise to within 12 months (a possible 3.14% upside). 16 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 Wells Fargo, and Sonoco Prods maintained their underweight 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 21, 2024 when Wells Fargo changed their price target from $54 to $52 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 February 24, 2025 so you should expect the next rating to be made available sometime around February 24, 2026.
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 $50.00 to $48.00. The current price Sonoco Prods (SON) is trading at is $46.54, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.