DS Smith plc (SMDS) Receives GBX 439.44 Average PT from Analysts
DS Smith plc (LON:SMDS) has been assigned an average rating of “Buy” from the fourteen analysts that are presently covering the company. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 439.44 ($5.49).
A number of research analysts have recently issued reports on the stock. Jefferies Group boosted their price target on shares of DS Smith plc from GBX 390 ($4.87) to GBX 440 ($5.50) and gave the stock a “hold” rating in a research report on Tuesday, September 6th. Numis Securities Ltd downgraded shares of DS Smith plc to a “hold” rating and boosted their price target for the stock from GBX 430 ($5.37) to GBX 460 ($5.75) in a research report on Tuesday, September 6th. Barclays PLC assumed coverage on shares of DS Smith plc in a research report on Friday, October 7th. They issued an “overweight” rating and a GBX 465 ($5.81) price target on the stock. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 470 ($5.87) price target on shares of DS Smith plc in a research report on Friday, October 28th. Finally, Goodbody restated a “hold” rating on shares of DS Smith plc in a research report on Tuesday, September 6th.
DS Smith plc (LON:SMDS) opened at 388.50 on Tuesday. DS Smith plc has a 52-week low of GBX 329.10 and a 52-week high of GBX 431.30. The company’s market cap is GBX 3.67 billion. The company has a 50-day moving average of GBX 396.79 and a 200-day moving average of GBX 394.75.
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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