DS Smith (LON:SMDS)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.
Several other research firms also recently weighed in on SMDS. Bank of America downgraded shares of DS Smith to a “neutral” rating and dropped their target price for the stock from GBX 450 ($5.92) to GBX 400 ($5.26) in a research report on Wednesday, January 15th. Jefferies Financial Group lifted their target price on shares of DS Smith from GBX 360 ($4.74) to GBX 370 ($4.87) and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Berenberg Bank reissued a “buy” rating on shares of DS Smith in a research report on Friday, December 6th. UBS Group lifted their target price on shares of DS Smith from GBX 358 ($4.71) to GBX 365 ($4.80) and gave the stock a “neutral” rating in a research report on Friday, January 17th. Finally, JPMorgan Chase & Co. dropped their target price on shares of DS Smith from GBX 440 ($5.79) to GBX 420 ($5.52) and set an “overweight” rating on the stock in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 401.88 ($5.29).
DS Smith stock opened at GBX 365.90 ($4.81) on Thursday. The firm’s 50 day simple moving average is GBX 367.68 and its 200-day simple moving average is GBX 360.28. The company has a market cap of $5.02 billion and a P/E ratio of 15.91. The company has a debt-to-equity ratio of 92.09, a current ratio of 0.85 and a quick ratio of 0.51. DS Smith has a fifty-two week low of GBX 306.30 ($4.03) and a fifty-two week high of GBX 397.80 ($5.23).
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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