Sonoco Products (NYSE:SON – Free Report) had its price target lowered by Citigroup from $56.00 to $55.00 in a research note released on Monday,Benzinga reports. According to data from MarketBeat, Sonoco Products currently has a consensus rating of “Moderate Buy” and an average price target of $57.63. Get Sonoco Products alerts:Get Our Latest Stock Report on Sonoco ProductsSonoco Products Trading Down 2.7%NYSE SON opened at $42.73 on Monday. Sonoco Products Company Profile(Get Free Report)Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. Further ReadingReceive News & Ratings for Sonoco Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonoco Products and related companies with MarketBeat.com's FREE daily email newsletter.