DS Smith plc Receives Average Recommendation of “Buy” from Brokerages (LON:SMDS)
DS Smith plc (LON:SMDS) has received an average recommendation of “Buy” from the fifteen brokerages that are covering the stock, AnalystRatings.NET reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 341.25 ($5.74).
SMDS has been the subject of a number of recent research reports. Analysts at Goldman Sachs reiterated a “sell/neutral” rating on shares of DS Smith plc in a research note on Friday, May 16th. They now have a GBX 267 ($4.49) price target on the stock. Separately, analysts at Davy Research reiterated an “underperform” rating on shares of DS Smith plc in a research note on Wednesday, April 30th. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of DS Smith plc in a research note on Wednesday, April 30th.
DS Smith plc (LON:SMDS) opened at 317.64 on Friday. DS Smith plc has a 52 week low of GBX 223.00 and a 52 week high of GBX 359.10. The stock’s 50-day moving average is GBX 313.5 and its 200-day moving average is GBX 321.0. The company’s market cap is £2.954 billion.
DS Smith Plc is a holding company engaged in the supply of recycled packaging for consumer goods. It provides corrugated packaging solutions throughout Europe as well as plastic packaging solutions worldwide.
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