Zacks Investment Research upgraded shares of SMITH(DS) (OTCMKTS:DITHF) from a hold rating to a buy rating in a report issued on Wednesday. The brokerage currently has $7.50 price target on the stock.
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 SMITH(DS) stock opened at $6.61 on Wednesday. SMIT has a 1-year low of $6.61 and a 1-year high of $7.20.
DS Smith Plc designs and manufactures corrugated packaging and plastic packaging for consumer goods worldwide. The company offers 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for SMITH(DS) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SMITH(DS) and related companies with MarketBeat.com's FREE daily email newsletter.