Should You Buy Sonoco Products Co (SON) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Sonoco Products Co (SON) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown strong financial growth in the latest quarter, the lack of immediate positive catalysts, neutral trading sentiment, and mixed analyst ratings suggest that waiting for a clearer entry point or further developments would be prudent.
Technical Analysis
The technical indicators are mixed. The MACD is positive but contracting, RSI is neutral at 64.179, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its pivot level of 48.162, with resistance at 49.336 and support at 46.987. This suggests limited upward momentum in the short term.
Analyst Ratings and Price Target Trends
Mixed analyst ratings. Truist raised the price target to $54 and maintains a Buy rating, citing growth in beverage cans and containerboard pricing. However, Wells Fargo downgraded the stock to Equal Weight with a lower price target of $47, citing a lack of catalysts and concerns about sluggish fundamentals.
Wall Street analysts forecast SON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SON is 52.71 USD with a low forecast of 47 USD and a high forecast of 60 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast SON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SON is 52.71 USD with a low forecast of 47 USD and a high forecast of 60 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 47.460

Current: 47.460
