DS Smith PT Raised to GBX 332 (SMDS)
Analysts at Goldman Sachs Group Inc. upped their price objective on shares of DS Smith (LON:SMDS) from GBX 261 ($4.17) to GBX 332 ($5.30) in a research report issued to clients and investors on Tuesday, Analyst RN reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s price target would indicate a potential upside of 14.96% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of DS Smith in a research note to investors on Wednesday, October 2nd. They now have a GBX 300 ($4.79) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of DS Smith in a research note to investors on Wednesday, October 2nd. They now have a GBX 345 ($5.51) price target on the stock. Finally, analysts at Investec raised their price target on shares of DS Smith from GBX 300 ($4.79) to GBX 320 ($5.11) in a research note to investors on Wednesday, September 18th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 292.80 ($4.67).
Shares of DS Smith (LON:SMDS) opened at 294.20 on Tuesday. DS Smith has a 52 week low of GBX 197.00 and a 52 week high of GBX 290.40. The stock has a 50-day moving average of GBX 267.6 and a 200-day moving average of GBX 244.8. The company’s market cap is £2.726 billion.
DS Smith Plc is a holding company engaged in the supply of recycled packaging for consumer goods and the wholesaling of office products.
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