Shares of DS Smith plc (LON:SMDS) have received an average recommendation of “Buy” from the nine ratings firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 552 ($7.75).
SMDS has been the topic of a number of recent research reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 575 ($8.07) target price on shares of DS Smith in a research note on Wednesday, February 7th. Citigroup reaffirmed a “buy” rating on shares of DS Smith in a research note on Monday, March 19th. Jefferies Group reaffirmed a “hold” rating and issued a GBX 530 ($7.44) target price on shares of DS Smith in a research note on Tuesday, March 6th. Numis Securities reaffirmed a “hold” rating and issued a GBX 530 ($7.44) target price on shares of DS Smith in a research note on Thursday, March 8th. Finally, Goldman Sachs reaffirmed a “neutral” rating and issued a GBX 525 ($7.37) target price on shares of DS Smith in a research note on Monday, March 5th.
SMDS stock traded down GBX 3.20 ($0.04) on Thursday, reaching GBX 473.70 ($6.65). The company had a trading volume of 2,216,293 shares, compared to its average volume of 3,860,000. DS Smith has a 1 year low of GBX 5.26 ($0.07) and a 1 year high of GBX 565 ($7.93).
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DS Smith Company Profile
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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