Sonoco Products traded at $53.73 this Wednesday July 15th, increasing $0.53 or 1.00 percent since the previous trading session. Looking back, over the last four weeks, Sonoco Products gained 4.90 percent. Over the last 12 months, its price rose by 17.65 percent. Looking ahead, we forecast Sonoco Products to be priced at 54.72 by the end of this quarter and at 51.36 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sonoco Products Company is engaged in manufacturing of industrial and consumer packaging products, and providing packaging services. The Company operates in four segments: Consumer Packaging, Paper and Industrial Converted Products, and Protective Solutions. Its Consumer Packaging segment's products and services include round composite cans, aluminum, steel and peelable membrane easy-open closures for composite and metal cans; plastic bottles, cups and trays, and printed flexible packaging and global brand management. Its Paper and Industrial Converted Products segment provides the raw material for its fiber-based packaging. The Protective Solutions segment's products and services include custom-engineered and expanded foam protective packaging and components, and temperature-assured packaging.