Sonoco Products Company which can be found using ticker (SON) now have 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $71.00 and $50.00 and has a mean target at $59.38. Given that the stocks previous close was at $48.18 and the analysts are correct then we can expect a percentage increase in value of 23.2%. Also worth taking note is the 50 day moving average now sits at $49.61 while the 200 day moving average is $53.17. The company has a market cap of 4.74B. The stock price is currently at: $48.29 USD
The potential market cap would be $5,847,484,168 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 16.59, revenue per share of $66.70 and a 4.98% 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.
