Sonoco Products Company with ticker code (SON) now have 7 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 76 and 57 suggesting an average Analsyt target price of $66.00. Given that the stocks previous close was at $58.93 this now indicates there is a potential upside of 12.0%. There is a 50 day moving average of $59.10 and the 200 day MA is $59.95. The market capitalization for the company is $5,819m. You can visit the company’s website by visiting: https://www.sonoco.com
The potential market cap would be $6,517m based on the market consensus.
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 through two segments: Consumer Packaging and Industrial Paper Packaging. 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. Sonoco Products Company also offers various packaging materials, including plastic, paper, foam, and other specialty materials. The company sells its products in various markets, which include paper, textile, film, food, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.
The company has a dividend yield of 3.33% with the ex dividend date set at 21-2-2023 (DMY).
Other points of data to note are a P/E ratio of 12.59, revenue per share of 73.99 and a 8.2% return on assets.
