What Analysts Are Saying About Sonoco Prods Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Sonoco Prods (NYSE:SON), with recent evaluations showing a slight downward trend in price targets. The average 12-month price target is $57.67, down from $58.40. Analysts from Citigroup and Wells Fargo have adjusted their ratings and price targets, reflecting varied sentiments. Sonoco faces challenges in revenue growth and profitability, with a recent revenue decline of 4.8% and below-average net margins and returns on equity and assets.
October 02, 2024 | 8:01 pm
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Sonoco Prods (NYSE:SON) has received mixed analyst ratings, with a slight downward trend in price targets. The company faces challenges in revenue growth and profitability, impacting its market standing.
The article highlights mixed analyst ratings for Sonoco Prods, with a slight downward trend in price targets. This suggests a negative short-term impact on the stock price. Additionally, the company faces challenges in revenue growth and profitability, which could further pressure the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100