KeyBanc analyst Adam Josephson reiterated a Hold rating on Sonoco Products (SON) today. The company’s shares closed last Monday at $57.37.
According to TipRanks.com, Josephson is a 4-star analyst with an average return of 9.8% and a 67.5% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Graphic Packaging.
Currently, the analyst consensus on Sonoco Products is a Moderate Buy with an average price target of $70.00.
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Sonoco Products’ market cap is currently $5.83B and has a P/E ratio of 19.30. The company has a Price to Book ratio of 3.17.
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Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and provides packaging services. It operates through the following segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions.
