DS Smith plc Given Average Recommendation of “Hold” by Brokerages (LON:SMDS)
Shares of DS Smith plc (LON:SMDS) have been given a consensus rating of “Hold” by the fifteen analysts that are presently covering the company, Analyst Ratings Network reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 335.15 ($5.62).
Shares of DS Smith plc (LON:SMDS) opened at 273.90 on Wednesday. DS Smith plc has a one year low of GBX 251.70 and a one year high of GBX 359.10. The stock has a 50-day moving average of GBX 269.7 and a 200-day moving average of GBX 309.2. The company’s market cap is £2.553 billion.
A number of research firms have recently commented on SMDS. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of DS Smith plc in a research note on Tuesday, August 5th. They now have a GBX 350 ($5.87) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of DS Smith plc in a research note on Thursday, July 31st. They now have a GBX 377 ($6.32) price target on the stock. Finally, analysts at Berenberg Bank cut their price target on shares of DS Smith plc from GBX 400 ($6.71) to GBX 350 ($5.87) in a research note on Monday, July 14th. They now have a “buy” rating on the stock.
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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