Several analysts have recently updated their ratings and price targets for DS Smith plc (LON: SMDS):

  • 9/6/2017 – DS Smith plc had its “buy” rating reaffirmed by analysts at Beaufort Securities.
  • 9/6/2017 – DS Smith plc had its “buy” rating reaffirmed by analysts at Berenberg Bank.
  • 9/6/2017 – DS Smith plc had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a GBX 570 ($7.36) price target on the stock.
  • 9/5/2017 – DS Smith plc had its “add” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 550 ($7.10) price target on the stock.
  • 8/30/2017 – DS Smith plc had its “add” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 550 ($7.10) price target on the stock, up previously from GBX 520 ($6.72).
  • 8/17/2017 – DS Smith plc had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 565 ($7.30) price target on the stock.
  • 8/3/2017 – DS Smith plc was upgraded by analysts at Berenberg Bank to a “buy” rating. They now have a GBX 550 ($7.10) price target on the stock, up previously from GBX 400 ($5.17).
  • 7/18/2017 – DS Smith plc was downgraded by analysts at Numis Securities Ltd to a “hold” rating. They now have a GBX 520 ($6.72) price target on the stock, up previously from GBX 495 ($6.39).

Shares of DS Smith plc (SMDS) traded up 0.20% during midday trading on Thursday, reaching GBX 489.50. The company’s stock had a trading volume of 1,419,292 shares. DS Smith plc has a 12 month low of GBX 376.40 and a 12 month high of GBX 508.00. The company has a 50-day moving average price of GBX 491.62 and a 200-day moving average price of GBX 456.83. The firm’s market cap is GBX 4.65 billion.

The business also recently announced a dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Thursday, October 5th will be issued a GBX 10.60 ($0.14) dividend. This represents a dividend yield of 2.2%. The ex-dividend date is Thursday, October 5th. This is a positive change from DS Smith plc’s previous dividend of $4.60.

In related news, insider Adrian Marsh bought 175,044 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were bought at an average price of GBX 484 ($6.25) per share, for a total transaction of £847,212.96 ($1,094,166.29).

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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