Sonoco Products Company – Consensus Indicates 7.0% Upside Potential

Sonoco Product Company found using the (SON) ticker now have 7 analysts covering the stock with the consensus suggesting a ‘Hold’ rating. The target price ranges between 76 and 64 calculating the average target price we see 66.43. Together with the stock’s previous close at 62.06, this indicates that there is upside potential of 7.0%. There is a 50 day moving average of 57.58 and the 200 moving average is now moving to 58.99. The company’s market capitalization is $6,025 million. Visit the company’s website at: https://www.sonoco.com

The potential market capitalization would be $6,449 million based on market consensus.

You can now share it on Stocktwits, just click on the logo below and add the ticker in the text to be seen.

Sonoco Products Company, together with its subsidiaries, manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia and Asia. The Company operates through two segments: Consumer Packaging and Industrial Paper Packaging. The round and shaped rigid paper containers of the consumer packaging industry; metallic and peelable membrane ends and closures; thermoformed plastic trays and containers; printed flexible packaging; and overall brand artwork management. The Industrial Paper Packaging segment provides fiber-based tubes, cones and cores; fiber-based building tubes; fiber-based protective packaging and components; wood, metal and composite wires and cables, as well as reels and spools; and recycled cardboard, corrugated cardboard, recovered paper and materials recycling services. Sonoco Products Company offers thermoformed rigid plastic trays and devices; custom molded foam protective packaging and components; guaranteed temperature packaging; injection molded and extruded containers, spools and parts; retail security packaging, including printed backing cards, blister packs and heat sealing equipment; and paper conveniences. The Company sells its products in various markets, including paper, textile, film, food, chemicals, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.

Source link

About Cecil D. Ramirez

Check Also

Halal products market [+PEST Analysis] | Regional trends and forecasts 2022-2031

Market share of halal products 2022 The global halal food and beverage market size was …