DS Smith (LON:SMDS)‘s stock had its “neutral” rating reaffirmed by equities researchers at UBS Group in a research note issued on Monday, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also recently issued reports about the stock. Peel Hunt reiterated a “buy” rating on shares of DS Smith in a research report on Thursday, June 11th. Berenberg Bank cut shares of DS Smith to a “hold” rating and reduced their price target for the stock from GBX 400 ($4.92) to GBX 300 ($3.69) in a report on Wednesday, March 25th. JPMorgan Chase & Co. reduced their price target on shares of DS Smith from GBX 400 ($4.92) to GBX 330 ($4.06) and set an “overweight” rating for the company in a report on Thursday, April 2nd. Finally, Jefferies Financial Group raised their price target on shares of DS Smith from GBX 325 ($4.00) to GBX 350 ($4.31) and gave the stock a “buy” rating in a report on Thursday, May 21st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 355 ($4.37).
SMDS opened at GBX 328.20 ($4.04) on Monday. DS Smith has a twelve month low of GBX 244.80 ($3.01) and a twelve month high of GBX 397.80 ($4.90). The company has a quick ratio of 0.51, a current ratio of 0.85 and a debt-to-equity ratio of 92.09. The company has a fifty day moving average of GBX 328.25 and a 200-day moving average of GBX 332.18. The stock has a market cap of $4.54 billion and a PE ratio of 14.39.
About DS Smith
DS Smith Plc designs and manufactures corrugated packaging and plastic packaging for consumer goods. It provides transit and transport, consumer, retail and shelf ready, online and e-retail, industrial, hazardous, multi-material, inserts and cushioning, and electrostatic discharge packaging products, as well as wrap arounds, trays, and bag-in-boxes; displays and promotional packaging products; corrugated pallets; Sheetfeeding products; packaging machine systems; and Sizzlepak, a stuffing material made of paper, folded in a zigzag shape, and cut into narrow strips, as well as provides packaging consultancy services.
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