Sonoco Targets Growth With Consumer Focus, European Expansion
Sonoco Targets Growth With Consumer Focus, European Expansion
Shares of Sonoco Products Co (NYSE:SON) have climbed more than 6% over the past five trading sessions.
sonoco products公司的股票在過去的五個交易日中上漲了超過6%。
The company has been focusing on portfolio rationalization and improving its mix, according to Truist Securities.
根據Truist證券的說法，公司一直專注於投資組合的合理化和改善其組合。
Analyst Michael Roxland initiated coverage of Sonoco Products with a Buy rating and a price target of $63.
分析師Michael Roxland對sonoco products進行了覆蓋，給予買入評級，目標價格爲63美元。
The Five Below Thesis: The company is evaluating the sale of its Thermoformed and Flexible Packaging (TFP) business and diverting its ThermoSafe businesses, Roxland said in the initiation note.
five below的分析：該公司正在評估出售其熱成型和柔性包裝（TFP）業務，並將其ThermoSafe業務進行轉移，Roxland在啓動報告中提到。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
Sonoco Products has also increased its exposure to consumer-related businesses, "which have better growth and margin dynamics," and reducing its exposure to cyclical segments, he added.
sonoco products還增加了對消費相關業務的投資，這些業務"具有更好的增長和利潤動態"，並減少了對週期性領域的投資，他補充道。
The company has created a new core platform, called Metal Packaging, and is in the process of acquiring Eviosys, "the leading European producer of food cans," the analyst stated.
該公司創建了一個新的核心平台，稱爲金屬包裝，並正在收購Eviosys，"歐洲領先的食品罐生產商，"分析師表示。
"This portfolio and mix enhancement could result in a multiple rerate depending on growth and execution," he further wrote.
"這個投資組合和組合的增強可能會根據增長和執行而導致倍數的重新評估，"他進一步寫道。
"Historically, SON has maintained a strong balance sheet and pursued disciplined capital allocation – increasing dividend, M&A, and opportunistic share repurchases," Roxland added.
「歷史上，sonoco products保持了強勁的財務狀況，並追求審慎的資本配置——增加分紅、併購和機會性回購股份，」Roxland補充道。
SON Price Action: Shares of Sonoco Products were down 0.07% to $51.92 at the time of publication on Tuesday.
SON價格動態：在週二出版時，sonoco products的股票下跌了0.07%，至51.92美元。
Read More:
閱讀更多：
- Unboxing The PS5 Pro: What's Changed In Sony's Latest Console Upgrade
- 解密PS5 Pro：索尼最新主機升級有什麼變化
Photo: viewimage/Shutterstock.com
照片：viewimage/shutterstock.com
譯文內容由第三人軟體翻譯。
