$49.57
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$49.55
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Sonoco Prods
SONNYSE
Sonoco Prods (NYSE:SON) Stock, Analyst Ratings, Price Targets, Predictions
Sonoco Products Co has a consensus price target of $56.63, established from looking at the 24 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Citigroup, and Wells Fargo on May 3, 2024, April 4, 2024, and February 20, 2024. With an average price target of $59.33 between Wells Fargo, Citigroup, and Wells Fargo, there's an implied 19.74% upside for Sonoco Products Co from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Citigroup
Argus Research
B of A Securities
Seaport Global
1calculated from analyst ratings
Analyst Ratings for Sonoco Prods
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/03/2024 | Buy Now | 15.04% | Wells Fargo | Gabe Hajde | $56 → $57 | Maintains | Equal-Weight | Get Alert |
| 04/04/2024 | Buy Now | 31.18% | Citigroup | Anthony Pettinari | $66 → $65 | Maintains | Buy | Get Alert |
| 02/20/2024 | Buy Now | 13.02% | Wells Fargo | Gabe Hajde | $58 → $56 | Maintains | Equal-Weight | Get Alert |
| 10/19/2023 | Buy Now | 0.91% | Wells Fargo | Gabe Hajde | $55 → $50 | Maintains | Equal-Weight | Get Alert |
| 08/03/2023 | Buy Now | — | Argus Research | David Coleman | — | Downgrade | Buy → Hold | Get Alert |
| 08/02/2023 | Buy Now | 11% | Wells Fargo | Gabe Hajde | $61 → $55 | Maintains | Equal-Weight | Get Alert |
| 07/17/2023 | Buy Now | 23.11% | Wells Fargo | Gabe Hajde | $62 → $61 | Maintains | Equal-Weight | Get Alert |
| 07/11/2023 | Buy Now | 37.24% | Citigroup | Anthony Pettinari | $70 → $68 | Maintains | Buy | Get Alert |
| 04/20/2023 | Buy Now | 65.49% | B of A Securities | George Staphos | $76 → $82 | Maintains | Buy | Get Alert |
| 03/20/2023 | Buy Now | 31.18% | Seaport Global | Mark Weintraub | → $65 | Upgrade | Neutral → Buy | Get Alert |
| 02/14/2023 | Buy Now | 35.22% | Argus Research | David Coleman | → $67 | Upgrade | Hold → Buy | Get Alert |
| 02/13/2023 | Buy Now | 39.25% | Citigroup | Anthony Pettinari | $71 → $69 | Maintains | Buy | Get Alert |
| 11/02/2022 | Buy Now | 29.16% | Wells Fargo | Gabe Hajde | $67 → $64 | Maintains | Equal-Weight | Get Alert |
| 10/31/2022 | Buy Now | 17.05% | BMO Capital | Mark Wilde | $65 → $58 | Downgrade | Market Perform → Underperform | Get Alert |
| 10/13/2022 | Buy Now | — | B of A Securities | George Staphos | — | Upgrade | Underperform → Buy | Get Alert |
| 10/11/2022 | Buy Now | 45.31% | Citigroup | Anthony Pettinari | $73 → $72 | Maintains | Buy | Get Alert |
| 07/01/2022 | Buy Now | 33.2% | Citigroup | Anthony Pettinari | → $66 | Initiates | → Buy | Get Alert |
| 04/22/2022 | Buy Now | — | Seaport Global | Mark Weintraub | — | Downgrade | Buy → Neutral | Get Alert |
| 04/19/2022 | Buy Now | 29.16% | Wells Fargo | Gabe Hajde | $59 → $64 | Maintains | Equal-Weight | Get Alert |
| 01/12/2022 | Buy Now | 17.05% | Wells Fargo | Gabe Hajde | $66 → $58 | Maintains | Equal-Weight | Get Alert |
| 01/04/2022 | Buy Now | 21.09% | UBS | Joshua Spector | $64 → $60 | Maintains | Neutral | Get Alert |
| 12/21/2021 | Buy Now | 33.2% | Seaport Global | Salvator Tiano | → $66 | Upgrade | Neutral → Buy | Get Alert |
| 10/14/2021 | Buy Now | 27.14% | B of A Securities | George Staphos | — | Downgrade | Neutral → Underperform | Get Alert |
| 07/23/2021 | Buy Now | 35.22% | Wells Fargo | Gabe Hajde | — | 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 May 3, 2024. The analyst firm set a price target for $57.00 expecting SON to rise to within 12 months (a possible 15.04% 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 Wells Fargo, and Sonoco Prods maintained their equal-weight 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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 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 $56.00 to $57.00. The current price Sonoco Prods (SON) is trading at is $49.55, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.