SMITH(DS) (NASDAQ:DITHF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Thursday.

According to Zacks, “DS Smith Plc is a manufacturer of corrugated products primarily in Europe. The company’s division consists of paper, plastics, packaging and recycling. DS Smith Plc is headquartered in London, the United Kingdom. “

Shares of SMIT (NASDAQ DITHF) remained flat at $5.31 during midday trading on Thursday. The company has a market cap of $5.02 billion and a PE ratio of 19.03. SMIT has a one year low of $4.90 and a one year high of $5.60.

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