DS Smith plc Stock Rating Reaffirmed by Jefferies Group (SMDS)
DS Smith plc (LON:SMDS)‘s stock had its “hold” rating restated by stock analysts at Jefferies Group in a report issued on Wednesday. They currently have a GBX 335 ($5.62) target price on the stock. Jefferies Group’s target price would suggest a potential upside of 3.81% from the stock’s previous close.
DS Smith plc (LON:SMDS) opened at 317.50 on Wednesday. DS Smith plc has a 1-year low of GBX 223.00 and a 1-year high of GBX 359.10. The stock’s 50-day moving average is GBX 315.4 and its 200-day moving average is GBX 322.5. The company’s market cap is £2.953 billion.
A number of other firms have also recently commented on SMDS. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of DS Smith plc in a research note on Tuesday. They now have a GBX 350 ($5.87) price target on the stock. Separately, 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 ($4.48) price target on the stock. Finally, analysts at Davy Research reiterated an “underperform” rating on shares of DS Smith plc in a research note on Wednesday, April 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 340.77 ($5.71).
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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