Sonoco Products (SON) Set to Announce Quarterly Earnings on Thursday
Sonoco Products (NYSE:SON) is scheduled to be issuing its quarterly earnings data on Thursday, February 13th. Parties that wish to listen to the company’s conference call can do so using this link.
Shares of Sonoco Products (NYSE:SON) opened at 41.70 on Wednesday. Sonoco Products has a 1-year low of $31.14 and a 1-year high of $43.75. The stock has a 50-day moving average of $41.71 and a 200-day moving average of $40.02. The company has a market cap of $4.251 billion and a price-to-earnings ratio of 20.64.
A number of analysts have recently weighed in on SON shares. Analysts at Bank of America downgraded shares of Sonoco Products from a “buy” rating to a “neutral” rating in a research note on Friday, January 3rd. On the ratings front, analysts at Deutsche Bank reiterated a “hold” rating on shares of Sonoco Products in a research note on Thursday, December 12th. They now have a $38.00 price target on the stock, up previously from $36.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Sonoco Products in a research note on Friday, November 29th. They now have a $42.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $38.14.
Sonoco Products Company (NYSE:SON) is a manufacturer of industrial and consumer packaging products and a provider of packaging services.
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