DS Smith’s (SMDS) “Hold” Rating Reaffirmed at Numis Securities
Numis Securities reaffirmed their hold rating on shares of DS Smith (LON:SMDS) in a research note published on Thursday morning. Numis Securities currently has a GBX 530 ($7.32) price objective on the stock.
A number of other equities research analysts have also recently commented on the stock. Jefferies Group reaffirmed a hold rating and set a GBX 530 ($7.32) price objective on shares of DS Smith in a research note on Tuesday, March 6th. Goldman Sachs Group reaffirmed a neutral rating and set a GBX 525 ($7.25) price objective on shares of DS Smith in a research note on Monday, March 5th. Peel Hunt reaffirmed a buy rating and set a GBX 575 ($7.94) price objective on shares of DS Smith in a research note on Wednesday, February 7th. JPMorgan Chase & Co. raised their price objective on shares of DS Smith from GBX 570 ($7.88) to GBX 600 ($8.29) and gave the stock an overweight rating in a research note on Thursday, December 7th. Finally, Barclays reaffirmed an overweight rating on shares of DS Smith in a research note on Friday, December 8th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. DS Smith has an average rating of Buy and an average target price of GBX 546.63 ($7.55).
Shares of DS Smith (LON:SMDS) opened at GBX 510.20 ($7.05) on Thursday. The company has a market cap of $5,450.00 and a P/E ratio of 2,551.00. DS Smith has a one year low of GBX 5.26 ($0.07) and a one year high of GBX 565 ($7.81).
About DS Smith
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.
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