DS Smith (LON:SMDS) Downgraded to Hold at Numis Securities

DS Smith (LON:SMDS) was downgraded by equities research analysts at Numis Securities to a “hold” rating in a research report issued to clients and investors on Friday, Digital Look reports. They presently have a GBX 415 ($5.17) target price on the stock. Numis Securities’ target price would suggest a potential upside of 15.73% from the stock’s current price.

DS Smith Stock Performance

Shares of SMDS stock opened at GBX 358.60 ($4.46) on Friday. The company’s fifty day simple moving average is GBX 356.14 and its 200-day simple moving average is GBX 313.26. The company has a quick ratio of 0.59, a current ratio of 0.94 and a debt-to-equity ratio of 72.82. The firm has a market cap of £4.95 billion, a PE ratio of 1,054.71, a P/E/G ratio of 1.06 and a beta of 0.92. DS Smith has a 12 month low of GBX 260.50 ($3.24) and a 12 month high of GBX 415 ($5.17).

DS Smith Company Profile

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.