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DS Smith plc (LON:SMDS) has earned an average rating of “Buy” from the fifteen ratings firms that are covering the company, StockRatingsNetwork.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 340.54 ($5.80).

A number of research firms have recently commented on SMDS. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of DS Smith plc in a research note on Friday. They now have a GBX 370 ($6.30) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of DS Smith plc in a research note on Friday. They now have a GBX 350 ($5.96) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of DS Smith plc in a research note on Thursday, June 26th. They now have a GBX 335 ($5.71) price target on the stock.

DS Smith plc (LON:SMDS) opened at 279.90 on Tuesday. DS Smith plc has a 52 week low of GBX 239.90 and a 52 week high of GBX 359.10. The stock has a 50-day moving average of GBX 312.9 and a 200-day moving average of GBX 323.4. The company’s market cap is £2.612 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 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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