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DS Smith plc (LON:SMDS)‘s stock had its “buy” rating reaffirmed by stock analysts at Citigroup Inc. in a report issued on Friday. They currently have a GBX 350 ($5.96) target price on the stock. Citigroup Inc.’s price target indicates a potential upside of 24.25% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of DS Smith plc in a research note on Thursday. They now have a GBX 335 ($5.70) price target on the stock. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of DS Smith plc in a research note on Wednesday. Finally, analysts at Investec reiterated a “buy” rating on shares of DS Smith plc in a research note on Tuesday. They now have a GBX 390 ($6.64) price target on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. DS Smith plc presently has a consensus rating of “Buy” and a consensus price target of GBX 340.54 ($5.80).

Shares of DS Smith plc (LON:SMDS) traded down 1.95% on Friday, hitting GBX 281.70. The stock had a trading volume of 7,516,135 shares. DS Smith plc has a 1-year low of GBX 239.90 and a 1-year high of GBX 359.10. The stock’s 50-day moving average is GBX 314.0 and its 200-day moving average is GBX 323.5. The company’s market cap is £2.620 billion.

The company also recently declared a dividend, which is scheduled for Monday, November 3rd. Shareholders of record on Wednesday, October 1st will be given a dividend of GBX 6.80 ($0.12) per share. This represents a yield of 2.37%. The ex-dividend date of this dividend is Wednesday, October 1st.

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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