Shares of DS Smith plc (LON:SMDS) have been given an average recommendation of “Buy” by the fourteen analysts that are covering the stock. Six equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 439.44 ($5.44).

A number of equities research analysts recently issued reports on the stock. Barclays PLC assumed coverage on shares of DS Smith plc in a research note on Friday. They set an “overweight” rating and a GBX 465 ($5.75) price target on the stock. Jefferies Group decreased their price target on shares of DS Smith plc from GBX 440 ($5.45) to GBX 420 ($5.20) and set a “hold” rating on the stock in a research note on Tuesday, September 27th. Beaufort Securities reaffirmed a “buy” rating on shares of DS Smith plc in a research note on Wednesday, September 7th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 470 ($5.82) price target on shares of DS Smith plc in a research note on Wednesday, September 7th. Finally, Goodbody reaffirmed a “hold” rating on shares of DS Smith plc in a research note on Tuesday, September 6th.

In other DS Smith plc news, insider Roberts,Miles sold 456,026 shares of the stock in a transaction dated Friday, July 29th. The shares were sold at an average price of GBX 395 ($4.89), for a total transaction of £1,801,302.70 ($2,229,335.02).

Shares of DS Smith plc (LON:SMDS) remained flat at GBX 412.70 during midday trading on Tuesday. 1,462,119 shares of the stock traded hands. DS Smith plc has a 52 week low of GBX 329.10 and a 52 week high of GBX 431.30. The stock’s market cap is GBX 3.89 billion. The firm’s 50 day moving average is GBX 408.45 and its 200 day moving average is GBX 394.80.

About DS Smith plc

DS Smith Plc. is engaged in designing and manufacturing of recycled packaging for consumer goods. The Company’s businesses include corrugated packaging, recycling, paper and plastic packaging. The Company’s operating segments include UK, Western Europe, DACH and Northern Europe, Central Europe and Italy, and Plastics.

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