DS Smith plc (SMDS) Earns Hold Rating from Numis Securities Ltd
Numis Securities Ltd reissued their hold rating on shares of DS Smith plc (LON:SMDS) in a research report report published on Tuesday morning. They currently have a GBX 530 ($6.99) target price on the stock.
A number of other research analysts have also weighed in on SMDS. Barclays PLC reissued an overweight rating and set a GBX 565 ($7.46) target price on shares of DS Smith plc in a research report on Thursday, August 17th. Berenberg Bank reissued a buy rating on shares of DS Smith plc in a research report on Wednesday, September 6th. J P Morgan Chase & Co reissued an overweight rating and set a GBX 570 ($7.52) target price on shares of DS Smith plc in a research report on Wednesday, September 6th. Peel Hunt raised shares of DS Smith plc to a buy rating and boosted their target price for the stock from GBX 550 ($7.26) to GBX 575 ($7.59) in a research report on Tuesday. Finally, Beaufort Securities reissued a buy rating on shares of DS Smith plc in a research report on Wednesday, September 6th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of GBX 520.33 ($6.87).
DS Smith plc (LON SMDS) traded up GBX 3.50 ($0.05) during midday trading on Tuesday, hitting GBX 528 ($6.97). The stock had a trading volume of 1,967,124 shares.
ILLEGAL ACTIVITY NOTICE: This report was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another domain, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/11/04/ds-smith-plc-smds-earns-hold-rating-from-numis-securities-ltd.html.
In other news, insider Miles Roberts sold 261,079 shares of the business’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of GBX 515 ($6.80), for a total transaction of £1,344,556.85 ($1,774,289.85).
About DS Smith plc
DS Smith Plc is a provider of corrugated packaging in Europe and plastic packaging across the world. The Company’s segments include UK, Western Europe, DCH and Northern Europe, Central Europe and Italy, and Plastics. The Company designs and manufactures plastic bags and taps and fitments for use in bag-in-box packaging for liquids.
Receive News & Stock Ratings for DS Smith plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DS Smith plc and related stocks with our FREE daily email newsletter.