Raymond James Raises Sonoco Prods' Price Target to $55.00 USD, Maintains 'Outperform' Rating

Raymond James has raised the price target for Sonoco Products Co (SON) from $50 to $55, a 10% increase. The average one-year price target is $56.44 with a high estimate of $65 and a low estimate of $48. The average brokerage recommendation is 2.0, indicating "Outperform" status. The estimated GF Value in one year is $76.48, suggesting a 66.3% upside from the current price.

Raymond James has recently revised its price target for Sonoco Products Co (SON), increasing it from $50 to $55. This represents a 10% increase, reflecting a more optimistic outlook on the company's financial prospects. The average one-year price target for Sonoco Products is currently $56.44, with a high estimate of $65 and a low estimate of $48. The average brokerage recommendation of 2.0 indicates an "Outperform" status, suggesting that analysts expect the stock to perform better than the market average [1].

The estimated GF Value in one year is $76.48, which suggests a potential 66.3% upside from the current price. This optimistic outlook is supported by the company's recent capital investment in the adhesives and sealants market, which aims to enhance production capacity by 100 million units annually. This strategic move is designed to strengthen Sonoco's market position, enhance supply chain resilience, and meet growing customer demands [2].

The company's recent earnings report indicated a return on equity of 21.78% and a net margin of 2.40%, demonstrating strong financial performance. Additionally, the company has seen increased insider activity, with directors acquiring shares, which can be seen as a positive signal of confidence in the company's future prospects [1].

In summary, Raymond James' revised price target for Sonoco Products Co (SON) reflects a more optimistic outlook on the company's financial performance. The company's strategic capital investment in the adhesives and sealants market, coupled with strong financial performance and increased insider activity, supports this positive outlook.

References:
[1] https://www.marketbeat.com/instant-alerts/sonoco-products-nyseson-given-new-5300-price-target-at-truist-financial-2025-07-11/
[2] https://www.stocktitan.net/news/SON/sonoco-announces-30-million-capital-investment-to-expand-adhesives-nfj56ktm1iby.html