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Sonoco Products - SON Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $59.00
  • Forecasted Upside: 19.60%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$49.33 As of 12/26/2024 02:09 PM ET
▼ -0.2 (-0.40%)

This chart shows the closing price for SON by one month, three months, or twelve months.

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Analyst Price Target for SON

Analyst Price Target is $59.00
▲ +19.60% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Sonoco Products in the last 3 months. The average price target is $59.00, with a high forecast of $63.00 and a low forecast of $52.00. The average price target represents a 19.60% upside from the last price of $49.33.

This chart shows the closing price for SON for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 investment analysts is to hold stock in Sonoco Products. This rating has held steady since July 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
7/5/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
10/3/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/1/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
9/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
11/26/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/26/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/26/2024Truist FinancialInitiated CoverageBuy$63.00
11/4/2024Robert W. BairdLower TargetNeutral ➝ Neutral$58.00 ➝ $55.00
10/2/2024CitigroupBoost TargetBuy ➝ Buy$62.00 ➝ $63.00
8/21/2024Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$54.00 ➝ $52.00
8/2/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$55.00 ➝ $54.00
7/19/2024Raymond JamesInitiated CoverageOutperform$62.00
7/17/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$57.00 ➝ $55.00
7/8/2024CitigroupLower TargetBuy ➝ Buy$64.00 ➝ $60.00
5/3/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$56.00 ➝ $57.00
4/4/2024CitigroupLower TargetBuy ➝ Buy$66.00 ➝ $65.00
2/20/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$58.00 ➝ $56.00
10/19/2023Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$55.00 ➝ $50.00
10/10/2023CitigroupLower Target$69.00 ➝ $65.00
8/3/2023ArgusDowngradeBuy ➝ Hold
8/2/2023Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$61.00 ➝ $55.00
7/10/2023Bank of AmericaLower Target$80.00 ➝ $68.00
7/10/2023CitigroupLower Target$70.00 ➝ $68.00
4/20/2023Bank of AmericaBoost TargetBuy$76.00 ➝ $82.00
3/20/2023Seaport Res PtnUpgradeNeutral ➝ Buy
3/15/2023Deutsche Bank AktiengesellschaftLower Target$61.00 ➝ $57.00
2/14/2023ArgusUpgradeHold ➝ Buy$67.00
2/13/2023CitigroupLower TargetBuy$71.00 ➝ $69.00
1/4/2023CitigroupBoost Target$70.00 ➝ $71.00
11/2/2022Wells Fargo & CompanyLower TargetEqual Weight$67.00 ➝ $64.00
11/2/2022Deutsche Bank AktiengesellschaftLower Target$65.00 ➝ $61.00
10/30/2022BMO Capital MarketsDowngradeMarket Perform ➝ Underperform$65.00 ➝ $58.00
10/13/2022Bank of AmericaUpgradeUnderperform ➝ Buy$76.00
10/11/2022CitigroupLower TargetBuy$73.00 ➝ $72.00
7/25/2022CitigroupBoost Target$73.00
7/22/2022Wells Fargo & CompanyBoost Target$67.00
7/1/2022CitigroupInitiated CoverageBuy$66.00
4/22/2022Seaport Res PtnDowngradeBuy ➝ Neutral
4/19/2022Wells Fargo & CompanyBoost TargetEqual Weight$59.00 ➝ $64.00
4/18/2022Deutsche Bank AktiengesellschaftBoost Target$63.00 ➝ $65.00
2/11/2022Seaport Res PtnReiterated RatingBuy
1/12/2022Wells Fargo & CompanyLower TargetEqual Weight$66.00 ➝ $58.00
1/4/2022UBS GroupLower TargetNeutral$64.00 ➝ $60.00
12/22/2021BMO Capital MarketsReiterated RatingHold$65.00
12/21/2021Seaport Res PtnUpgradeNeutral ➝ Buy
10/14/2021Bank of AmericaDowngradeNeutral ➝ Underperform$64.00 ➝ $63.00
7/23/2021Wells Fargo & CompanyLower TargetEqual Weight$69.00 ➝ $67.00
4/19/2021Deutsche Bank AktiengesellschaftBoost Target$61.00 ➝ $63.00
4/14/2021Wells Fargo & CompanyReiterated RatingOverweight ➝ Equal Weight$69.00
4/8/2021Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$69.00
1/26/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform$68.00 ➝ $65.00
1/20/2021Deutsche Bank AktiengesellschaftBoost TargetPositive ➝ Hold$52.00 ➝ $61.00
11/17/2020Wells Fargo & CompanyBoost TargetOverweight$60.00 ➝ $66.00
10/23/2020Bank of AmericaDowngradeBuy ➝ Neutral$57.00
10/13/2020BMO Capital MarketsBoost TargetSell ➝ Outperform$56.00 ➝ $60.00
9/17/2020UBS GroupInitiated CoverageNeutral$66.00
8/4/2020ArgusDowngradeBuy ➝ Hold
7/16/2020KeyCorpReiterated RatingHold
5/21/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$48.00 ➝ $60.00
4/22/2020ArgusUpgradeHold ➝ Buy$52.00
4/17/2020Robert W. BairdLower TargetNeutral$55.00 ➝ $50.00
4/17/2020Wells Fargo & CompanyBoost TargetEqual Weight$47.00 ➝ $48.00
4/17/2020DA DavidsonUpgradeNeutral ➝ Buy$60.00
4/16/2020Deutsche Bank AktiengesellschaftLower TargetHold$61.00 ➝ $52.00
4/14/2020KeyCorpReiterated RatingHold
4/9/2020Wells Fargo & CompanyLower TargetEqual Weight$58.00 ➝ $47.00
3/20/2020BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
3/16/2020Bank of AmericaUpgradeUnderperform ➝ Buy
2/19/2020Wells Fargo & CompanyLower TargetEqual Weight$60.00 ➝ $58.00
2/18/2020ArgusDowngradeBuy ➝ Hold
2/14/2020DA DavidsonReiterated RatingNeutral
2/13/2020KeyCorpReiterated RatingHold
1/7/2020Robert W. BairdDowngradeOutperform ➝ Neutral$65.00
12/30/2019BMO Capital MarketsReiterated RatingHold$56.00
(Data available from 12/26/2019 forward)

News Sentiment Rating

1.24 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 12 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2024
  • 11 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/29/2024
  • 9 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/29/2024
  • 8 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2024
  • 17 very positive mentions
  • 5 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2024
  • 10 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2024
  • 19 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2024
  • 23 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2024

Current Sentiment

  • 23 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Sonoco Products logo
Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products. The Industrial Paper Packaging segment provides paperboard tubes, cones, and cores; paper-based protective packaging products; and uncoated recycled paperboard products. It also offers various packaging materials, including plastic, paper, foam, and other specialty materials. Sonoco Products Company sells its products in various markets, which include paper, textile, film, food, packaging, construction, and wire and cable. The company was founded in 1899 and is headquartered in Hartsville, South Carolina.
Read More

Today's Range

Now: $49.33
Low: $49.14
High: $49.72

50 Day Range

MA: $51.28
Low: $49.06
High: $53.44

52 Week Range

Now: $49.33
Low: $48.22
High: $61.73

Volume

182,823 shs

Average Volume

623,337 shs

Market Capitalization

$4.85 billion

P/E Ratio

16.95

Dividend Yield

4.21%

Beta

0.67

Frequently Asked Questions

What sell-side analysts currently cover shares of Sonoco Products?

The following Wall Street analysts have issued research reports on Sonoco Products in the last twelve months: Citigroup Inc., Raymond James, Robert W. Baird, StockNews.com, TheStreet, Truist Financial Co., and Wells Fargo & Company.
View the latest analyst ratings for SON.

What is the current price target for Sonoco Products?

0 Wall Street analysts have set twelve-month price targets for Sonoco Products in the last year. Their average twelve-month price target is $59.00, suggesting a possible upside of 19.6%. Truist Financial Co. has the highest price target set, predicting SON will reach $63.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $52.00 for Sonoco Products in the next year.
View the latest price targets for SON.

What is the current consensus analyst rating for Sonoco Products?

Sonoco Products currently has 1 sell rating, 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SON, but not buy more shares or sell existing shares.
View the latest ratings for SON.

What other companies compete with Sonoco Products?

Other companies that are similar to Sonoco Products include Graphic Packaging, Sealed Air, UFP Technologies, Packaging Co. of America and Smurfit Westrock. Learn More about companies similar to Sonoco Products.

How do I contact Sonoco Products' investor relations team?

Sonoco Products' physical mailing address is 1 NORTH SECOND STREET, HARTSVILLE SC, 29550. The industrial products company's listed phone number is (843) 383-7000 and its investor relations email address is [email protected]. The official website for Sonoco Products is www.sonoco.com. Learn More about contacing Sonoco Products investor relations.