DS Smith plc Receives “Underperform” Rating from Davy Research (SMDS)
SMDS has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of DS Smith plc from GBX 360 ($6.13) to GBX 367 ($6.25) in a research note on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of DS Smith plc in a research note on Wednesday, June 4th. They now have a GBX 335 ($5.70) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of DS Smith plc in a research note on Tuesday, June 3rd. They now have a GBX 350 ($5.96) price target on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company’s stock. DS Smith plc currently has an average rating of “Buy” and a consensus target price of GBX 341.31 ($5.81).
DS Smith plc (LON:SMDS) traded down 0.03% on Monday, hitting GBX 313.10. 970,360 shares of the company’s stock traded hands. DS Smith plc has a one year low of GBX 225.10 and a one year high of GBX 359.10. The stock’s 50-day moving average is GBX 315.9 and its 200-day moving average is GBX 324.1. The company’s market cap is £2.912 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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