Consensus Rating1
Buy
Highest Price Target1
$82.00
Lowest Price Target1
$52.00
Consensus Price Target1
$62.56

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

Sonoco Products Co has a consensus price target of $62.56 based on the ratings of 10 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 Baird, Citigroup, and Wells Fargo on November 4, 2024, October 2, 2024, and August 21, 2024, respectively. With an average price target of $56.67 between Baird, Citigroup, and Wells Fargo, there's an implied 14.23% upside for Sonoco Products Co from these most-recent analyst ratings.

Analyst Trends and Forecast
2
1
Jul
1
1
Aug
1
Oct
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Baird
Citigroup
Wells Fargo
Raymond James
B of A Securities

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 Baird on November 4, 2024. The analyst firm set a price target for $55.00 expecting SON to rise to within 12 months (a possible 10.87% upside). 10 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 Baird, and Sonoco Prods maintained their neutral 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 November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 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 maintained with a price target of $58.00 to $55.00. The current price Sonoco Prods (SON) is trading at is $49.61, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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