In-Depth Examination Of 5 Analyst Recommendations For Sonoco Prods
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed evaluations for Sonoco Products (NYSE:SON) over the past three months, with a recent negative shift in sentiment. The average 12-month price target has decreased by 1.57%, with a high estimate of $62.00 and a low of $52.00. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Sonoco faces challenges with revenue growth, net margin, ROE, and ROA, but maintains a balanced debt approach.
August 21, 2024 | 7:00 pm
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Sonoco Products (NYSE:SON) has seen a negative shift in analyst sentiment, with a decrease in the average 12-month price target by 1.57%. Analysts have adjusted their ratings and price targets, reflecting concerns over revenue growth and profitability metrics.
The article highlights a negative shift in analyst sentiment for Sonoco Products, with a decrease in the average price target and adjustments in ratings. This suggests potential short-term downward pressure on the stock price. The company's challenges in revenue growth and profitability metrics further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100