SMDS has been the topic of several other reports. Barclays restated an overweight rating on shares of DS Smith in a report on Friday, December 8th. JPMorgan Chase & Co. lifted their price objective on DS Smith from GBX 570 ($7.88) to GBX 600 ($8.29) and gave the stock an overweight rating in a report on Thursday, December 7th. Goldman Sachs Group restated a neutral rating and set a GBX 525 ($7.25) price objective on shares of DS Smith in a report on Monday, March 5th. Peel Hunt restated a buy rating and set a GBX 575 ($7.94) price objective on shares of DS Smith in a report on Wednesday, February 7th. Finally, Numis Securities restated a buy rating and set a GBX 570 ($7.88) price objective on shares of DS Smith in a report on Thursday, December 7th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. DS Smith presently has an average rating of Buy and an average target price of GBX 546.63 ($7.55).
Shares of DS Smith (LON:SMDS) opened at GBX 510.20 ($7.05) on Tuesday. DS Smith has a twelve month low of GBX 5.26 ($0.07) and a twelve month high of GBX 565 ($7.81). The stock has a market capitalization of $5,450.00 and a P/E ratio of 2,551.00.
About DS Smith
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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