Sonoco Products Company (SON) : The consensus on Sonoco Products Company (SON) based on 9 analyst recommendation on the company stock is 3.22, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Sonoco Products Company (SON) : 7 investment research analysts covering Sonoco Products Company (SON) have an average price target of $48.43 for the near short term. The highest target price given by the Brokerage Firm to the stock is $55 and the lowest target is $42 for the short term. Analysts expect the variance to be within $5.13 of the average price.
Shares of Sonoco Products Co. rose by 2.15% in the last five trading days and 1.61% for the last 4 weeks. Sonoco Products Co. is up 11.29% in the last 3-month period. Year-to-Date the stock performance stands at 29.48%. Sonoco Products Company (NYSE:SON): stock turned positive on Tuesday. Though the stock opened at $51.83, the bulls momentum made the stock top out at $52 level for the day. The stock recorded a low of $51.67 and closed the trading day at $51.7, in the green by 0.31%. The total traded volume for the day was 287,293. The stock had closed at $51.54 in the previous days trading.
Sonoco Products Company (Sonoco) is a manufacturer of industrial and consumer packaging products and a provider of packaging services. The Company operates in four segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. The Company has 335 locations in 33 countries. The Companys Consumer Packaging segments operations comprise 90 plants across the world. The Companys Display and Packaging segments operations comprise 27 plants around the world including the United States, Poland, Mexico and Brazil. The Companys Paper and Industrial Converted Products segment provides the primary raw material for the Companys fiber-based packaging. The Protective Solutions segments products include custom-engineered, paperboard-based and expanded foam protective packaging and components, and temperature-assured packaging.