Sonoco Products Company with ticker code (SON) have now 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $70.00 and $50.00 suggesting an average analyst share price target price of $62.00. (at the time of writing). Given that the stocks previous close was at $56.64 this would imply there is now a potential upside of 9.5%. Also worth taking note is the 50 day moving average now sits at $54.77 and the 200 day MA is $57.08. The company has a market capitalization of 5.58B. The stock price for the company is currently $56.95 USD
The potential market cap would be $6,106,536,786 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 11.41, revenue per share of $69.46 and a 6.15% return on assets.
Sonoco Products Company is a provider of variety of consumer packaging, industrial and protective packaging products. The Company operates through two segments: Consumer Packaging and Industrial Paper Packaging. Consumer Packaging segment consists of rigid packaging (paper, metal, and plastic) and flexible packaging, primarily serving the consumer staples market focused on food, beverage, household, and personal products. Its rigid paper containers are manufactured from recycled paperboard. Its rigid plastic products are comprised of thermoformed plastic trays and enclosures for fresh produce, condiments, and pre-packaged foods. Its flexible packaging is comprised primarily of plastic packaging serving a variety of food and personal product applications. Its Paper Packaging segment produces and sells paperboard tubes, cones, and cores; paper-based protective packaging; and uncoated recycled paperboard. The Company operates in approximately 310 locations in 32 countries.
