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NYSE:SON - Sonoco Products Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $63.33
  • Forecasted Upside: -7.37 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 8 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$68.37
▼ -0.46 (-0.67%)
1 month | 3 months | 12 months
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Analyst Price Target for SON

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$63.33
▼ -7.37% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Sonoco Products in the last 3 months. The average price target is $63.33, with a high forecast of $69.00 and a low forecast of $57.00. The average price target represents a -7.37% upside from the last price of $68.37.

Hold

The current consensus among 8 investment analysts is to hold stock in Sonoco Products. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 1 sell ratings
11/16/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 1 sell ratings
2/14/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 1 sell ratings
5/14/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
8/12/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 9 hold ratings
  • 0 sell ratings
11/10/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 9 hold ratings
  • 0 sell ratings
2/8/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 9 hold ratings
  • 0 sell ratings
4/9/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 8 hold ratings
  • 0 sell ratings
5/9/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 8 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/22/2021Seaport Global SecuritiesReiterated RatingBuy ➝ NeutralHigh
i
Rating by S. Tiano at Seaport Global Securities
4/19/2021Deutsche Bank AktiengesellschaftBoost Price Target$61.00 ➝ $63.00Low
i
4/16/2021Seaport Global SecuritiesDowngradeBuy ➝ NeutralMedium
i
Rating by S. Tiano at Seaport Global Securities
4/14/2021Wells Fargo & CompanyReiterated RatingOverweight ➝ Equal Weight$69.00Low
i
4/8/2021Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$69.00Low
i
1/26/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform$68.00 ➝ $65.00High
i
1/20/2021Deutsche Bank AktiengesellschaftBoost Price TargetPositive ➝ Hold$52.00 ➝ $61.00High
i
11/17/2020Wells Fargo & CompanyBoost Price TargetOverweight$60.00 ➝ $66.00Low
i
10/23/2020Bank of AmericaDowngradeBuy ➝ Neutral$57.00Low
i
10/14/2020Seaport Global SecuritiesInitiated CoverageBuy$60.00Medium
i
Rating by S. Tiano at Seaport Global Securities
10/13/2020BMO Capital MarketsBoost Price TargetSell ➝ Outperform$56.00 ➝ $60.00Low
i
9/17/2020UBS GroupInitiated CoverageNeutral$66.00Medium
i
8/4/2020ArgusDowngradeBuy ➝ HoldLow
i
Rating by David Coleman at Argus
7/16/2020KeyCorpReiterated RatingHoldMedium
i
Rating by Adam Josephson at KeyCorp
5/21/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$48.00 ➝ $60.00High
i
4/22/2020ArgusUpgradeHold ➝ Buy$52.00Low
i
Rating by David Coleman at Argus
4/17/2020Robert W. BairdLower Price TargetNeutral$55.00 ➝ $50.00Low
i
Rating by Ghansham Panjabi at Robert W. Baird
4/17/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$47.00 ➝ $48.00High
i
4/17/2020DA DavidsonUpgradeNeutral ➝ Buy$60.00High
i
Rating by S. Chercover at DA Davidson
4/16/2020Deutsche Bank AktiengesellschaftLower Price TargetHold$61.00 ➝ $52.00High
i
4/14/2020KeyCorpReiterated RatingHoldHigh
i
Rating by Adam Josephson at KeyCorp
4/9/2020Wells Fargo & CompanyLower Price TargetEqual Weight$58.00 ➝ $47.00High
i
3/20/2020BMO Capital MarketsUpgradeMarket Perform ➝ OutperformMedium
i
Rating by Mark Wilde at BMO Capital Markets
3/16/2020Bank of AmericaUpgradeUnderperform ➝ BuyHigh
i
2/19/2020Wells Fargo & CompanyLower Price TargetEqual Weight$60.00 ➝ $58.00Low
i
2/18/2020ArgusDowngradeBuy ➝ HoldLow
i
2/14/2020DA DavidsonReiterated RatingNeutralN/A
i
Rating by S. Chercover at DA Davidson
2/13/2020KeyCorpReiterated RatingHoldLow
i
Rating by Adam Josephson at KeyCorp
1/7/2020Robert W. BairdDowngradeOutperform ➝ Neutral$65.00High
i
Rating by Ghansham Panjabi at Robert W. Baird
12/30/2019BMO Capital MarketsReiterated RatingHold$56.00Low
i
Rating by Mark Wilde at BMO Capital Markets
10/18/2019BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$56.00Low
i
Rating by Mark Wilde at BMO Capital Markets
10/18/2019Robert W. BairdLower Price TargetOutperform$70.00 ➝ $65.00Medium
i
Rating by Ghansham Panjabi at Robert W. Baird
10/18/2019Vertical ResearchUpgradeSell ➝ HoldLow
i
7/19/2019Robert W. BairdSet Price TargetBuy$70.00Low
i
Rating by Ghansham Panjabi at Robert W. Baird
7/18/2019KeyCorpReiterated RatingHoldMedium
i
7/15/2019BMO Capital MarketsDowngradeMarket Perform ➝ Underperform$60.00 ➝ $56.00Low
i
7/12/2019Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
i
6/24/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell$59.00Medium
i
4/24/2019ArgusUpgradeHold ➝ Buy$68.00Low
i
4/22/2019Wells Fargo & CompanySet Price TargetHold$58.00Low
i
Rating by Gabrial Hajde at Wells Fargo & Company
4/21/2019KeyCorpReiterated RatingHoldLow
i
4/16/2019Vertical ResearchDowngradeHold ➝ SellHigh
i
2/14/2019Wells Fargo & CompanyReiterated RatingHoldHigh
i
Rating by Gabrial Hajde at Wells Fargo & Company
2/14/2019KeyCorpReiterated RatingHoldHigh
i
12/10/2018Wells Fargo & CompanySet Price TargetHold$55.00Low
i
Rating by Gabrial Hajde at Wells Fargo & Company
10/18/2018KeyCorpReiterated RatingHoldLow
i
7/23/2018BarclaysBoost Price TargetEqual Weight ➝ $56.02$55.00 ➝ $58.00Low
i
7/20/2018DA DavidsonBoost Price TargetNeutral$57.00Low
i
4/20/2018Vertical ResearchDowngradeBuy ➝ HoldMedium
i
Rating by Chip Dillon at Vertical Research
4/19/2018KeyCorpReiterated RatingHoldMedium
i
Rating by Adam Josephson at KeyCorp
4/13/2018UBS GroupInitiated CoverageBuy$55.00High
i
Rating by Edlain Rodriguez at UBS Group AG
4/2/2018Bank of AmericaDowngradeBuy ➝ Neutral$59.00Medium
i
3/23/2018Vertical ResearchUpgradeHold ➝ BuyLow
i
12/15/2017BarclaysUpgradeUnderweight ➝ Equal Weight$49.00 ➝ $55.00Medium
i
12/3/2017KeyCorpReiterated RatingHoldLow
i
Rating by Adam Josephson at KeyCorp
11/10/2017Robert W. BairdReiterated RatingBuy$60.00N/A
i
10/20/2017BarclaysBoost Price TargetUnderweight$48.00 ➝ $49.00N/A
i
10/19/2017KeyCorpReiterated RatingHoldN/A
i
9/7/2017Jefferies Financial GroupReiterated RatingHold$48.00Low
i
9/6/2017Bank of AmericaUpgradeUnderperform ➝ Buy$56.00Medium
i
9/1/2017Robert W. BairdReiterated RatingBuy$60.00Low
i
8/3/2017Jefferies Financial GroupReiterated RatingHold$48.00Low
i
8/2/2017Vertical ResearchUpgradeSell ➝ Hold$45.00Low
i
7/24/2017BarclaysReiterated RatingUnderweight$45.00 ➝ $48.00Medium
i
7/21/2017Bank of AmericaBoost Price TargetUnderperform$55.00 ➝ $56.00Low
i
7/21/2017Vertical ResearchDowngradeHold ➝ SellLow
i
7/19/2017Robert W. BairdUpgradeNeutral ➝ Outperform$55.00 ➝ $60.00High
i
6/28/2017Jefferies Financial GroupReiterated RatingHold ➝ NeutralLow
i
4/23/2017Jefferies Financial GroupReiterated RatingHold$47.00 ➝ $48.00Low
i
4/21/2017DA DavidsonUpgradeUnderperform ➝ Neutral$48.00 ➝ $54.00Low
i
Rating by S. Chercover at DA Davidson
4/14/2017BarclaysReiterated RatingOverweightN/A
i
2/9/2017KeyCorpReiterated RatingHoldN/A
i
12/9/2016ArgusDowngradeBuy ➝ HoldN/A
i
10/24/2016Jefferies Financial GroupReiterated RatingHold$46.00 ➝ $47.00N/A
i
Rating by Philip Ng at Jefferies Financial Group Inc.
10/24/2016Vertical ResearchUpgradeSell ➝ HoldN/A
i
10/3/2016Bank of AmericaDowngradeNeutral ➝ UnderperformN/A
i
7/25/2016BarclaysBoost Price TargetUnderweight$40.00 ➝ $44.00N/A
i
7/25/2016Vertical ResearchDowngradeHold ➝ SellN/A
i
7/24/2016Deutsche Bank AktiengesellschaftSet Price TargetHold$42.00N/A
i
Rating by Debbie Jones at Deutsche Bank Aktiengesellschaft
7/22/2016BMO Capital MarketsReiterated RatingHold$46.00N/A
i
7/22/2016Jefferies Financial GroupReiterated RatingHold ➝ NeutralN/A
i
Rating by Philip Ng at Jefferies Financial Group Inc.
7/22/2016Vertical ResearchDowngradeHold ➝ SellN/A
i
7/14/2016Jefferies Financial GroupBoost Price TargetHold$42.00 ➝ $46.00N/A
i
Rating by Philip Ng at Jefferies Financial Group Inc.
6/1/2016The Goldman Sachs GroupReiterated RatingNeutral$50.00N/A
i
Rating by Brian Maguire at The Goldman Sachs Group, Inc.
5/24/2016Jefferies Financial GroupReiterated RatingHoldN/A
i
Rating by Philip Ng at Jefferies Financial Group Inc.
5/18/2016Deutsche Bank AktiengesellschaftReiterated RatingHoldN/A
i
Rating by Debbie Jones at Deutsche Bank Aktiengesellschaft
5/12/2016The Goldman Sachs GroupInitiated CoverageNeutral$50.00N/A
i
(Data available from 5/9/2016 forward)
Sonoco Products logo
Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through four segments: Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions. The Consumer Packaging segment provides paper and thermoformed plastic round and shaped rigid containers and trays; extruded and injection-molded plastic products; printed flexible packaging products; brand artwork management; and metal and peelable membrane ends and closures. The Display and Packaging segment offers temporary and semi-permanent point-of-purchase displays; supply chain management services comprising contract packing, fulfillment, and scalable service centers; retail packaging, including printed backer cards, thermoformed blisters, and heat sealing equipment; and paper amenities, such as coasters and glass covers. The Paper and Industrial Converted Products segment provides paperboard tubes, cones, and cores; fiber-based construction tubes; wooden, metal, and composite wire and cable reels and spools; and recycled paperboard, corrugating medium, recovered paper, and material recycling services. The Protective Solutions segment provides custom-engineered, paperboard-based, and molded foam protective packaging and components; and temperature-assured packaging products. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.
Read More

Today's Range

Now: $68.37
$68.11
$68.62

50 Day Range

MA: $64.60
$61.33
$69.28

52 Week Range

Now: $68.37
$42.41
$69.41

Volume

255,890 shs

Average Volume

429,125 shs

Market Capitalization

$6.88 billion

P/E Ratio

26.30

Dividend Yield

2.60%

Beta

0.83

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: Argus, Bank of America Co., BMO Capital Markets, Deutsche Bank Aktiengesellschaft, KeyCorp, Seaport Global Securities, TheStreet, UBS Group AG, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for SON.

What is the current price target for Sonoco Products?

6 Wall Street analysts have set twelve-month price targets for Sonoco Products in the last year. Their average twelve-month price target is $63.33, suggesting a possible downside of 7.4%. Wells Fargo & Company has the highest price target set, predicting SON will reach $69.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $57.00 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 8 hold 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?

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.