DS Smith Given “Underperform” Rating at Davy Research (SMDS)
DS Smith (LON:SMDS)‘s stock had its “underperform” rating restated by research analysts at Davy Research in a report released on Wednesday, Analyst Ratings.Net reports.
DS Smith (LON:SMDS) opened at 333.60 on Wednesday. DS Smith has a 52-week low of GBX 206.70 and a 52-week high of GBX 346.70. The stock’s 50-day moving average is GBX 328.0 and its 200-day moving average is GBX 292.1. The company’s market cap is £3.103 billion.
The company also recently announced a dividend, which is scheduled for Thursday, May 1st. Stockholders of record on Wednesday, April 2nd will be paid a dividend of GBX 3.20 ($0.05) per share. This represents a dividend yield of 0.96%. The ex-dividend date is Wednesday, April 2nd.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank initiated coverage on shares of DS Smith in a research note to investors on Friday, January 17th. They set a “buy” rating and a GBX 400 ($6.59) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of DS Smith in a research note to investors on Thursday, January 9th. They now have a GBX 400 ($6.59) price target on the stock, up previously from GBX 350 ($5.77). Finally, analysts at Goldman Sachs Group Inc. raised their price target on shares of DS Smith from GBX 332 ($5.47) to GBX 335 ($5.52) in a research note to investors on Wednesday, December 18th. They now have a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company’s stock. DS Smith presently has an average rating of “Buy” and an average price target of GBX 326.91 ($5.39).
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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