DS Smith plc (SMDS) Given Hold Rating at Jefferies Group LLC
DS Smith plc (LON:SMDS)‘s stock had its “hold” rating reissued by stock analysts at Jefferies Group LLC in a research note issued to investors on Thursday. They presently have a GBX 460 ($5.94) price target on the stock. Jefferies Group LLC’s price target indicates a potential upside of 7.18% from the stock’s previous close.
A number of other equities analysts also recently commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of DS Smith plc from GBX 475 ($6.13) to GBX 500 ($6.45) and gave the stock an “overweight” rating in a report on Friday, April 28th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 495 ($6.39) target price on shares of DS Smith plc in a research note on Thursday, April 27th. Berenberg Bank reiterated a “hold” rating and issued a GBX 400 ($5.16) target price on shares of DS Smith plc in a research note on Tuesday, April 25th. Goldman Sachs Group Inc reiterated a “neutral” rating and issued a GBX 430 ($5.55) target price on shares of DS Smith plc in a research note on Monday, April 24th. Finally, Peel Hunt raised their target price on DS Smith plc from GBX 490 ($6.33) to GBX 520 ($6.71) and gave the company a “buy” rating in a research note on Tuesday, January 24th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 470.75 ($6.08).
Shares of DS Smith plc (LON:SMDS) opened at 422.70 on Thursday. The stock’s market cap is GBX 3.99 billion. The company has a 50-day moving average of GBX 432.76 and a 200 day moving average of GBX 424.98. DS Smith plc has a 52-week low of GBX 355.60 and a 52-week high of GBX 458.00.
The business also recently disclosed a dividend, which was paid on Tuesday, May 2nd. Investors of record on Thursday, April 6th were paid a dividend of GBX 4.60 ($0.06) per share. This represents a dividend yield of 1.13%. The ex-dividend date of this dividend was Thursday, April 6th.
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DS Smith plc Company Profile
DS Smith Plc is a provider of corrugated packaging in Europe and plastic packaging across the world. The Company’s segments include UK, Western Europe, DCH and Northern Europe, Central Europe and Italy, and Plastics. The Company designs and manufactures plastic bags and taps and fitments for use in bag-in-box packaging for liquids.
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