Sonoco Products Company which can be found using ticker (SON) now have 6 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 76 and 61 and has a mean target at $66.83. Now with the previous closing price of $56.59 this is indicating there is a potential upside of 18.1%. There is a 50 day moving average of $59.73 and the 200 day moving average is $60.06. The market cap for the company is $5,636m. Find out more information at: https://www.sonoco.com
The potential market cap would be $6,656m 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 3.46% with the ex dividend date set at 21-2-2023 (DMY).
Other points of data to note are a P/E ratio of 11.98, revenue per share of 73.99 and a 8.2% return on assets.
