DS Smith (LON:SMDS)‘s stock had its “buy” rating reiterated by Prime Markets in a research note issued on Thursday, Analyst Ratings News reports. They currently have a GBX 325 ($5.32) target price on the stock. Prime Markets’ price objective points to a potential upside of 8.70% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec raised their price target on shares of DS Smith from GBX 340 ($5.57) to GBX 350 ($5.73) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of DS Smith in a research note to investors on Thursday. They now have a GBX 355 ($5.81) price target on the stock. Finally, analysts at Oriel Securities Ltd upgraded shares of DS Smith to a “buy” rating in a research note to investors on Monday. They now have a GBX 350 ($5.73) price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the stock. DS Smith currently has an average rating of “Buy” and an average price target of GBX 308.91 ($5.06).
DS Smith (LON:SMDS) opened at 315.40 on Thursday. DS Smith has a 52-week low of GBX 201.87 and a 52-week high of GBX 311.90. The stock’s 50-day moving average is GBX 300.2 and its 200-day moving average is GBX 269.0. The company’s market cap is £2.922 billion.
DS Smith Plc is a holding company engaged in the supply of recycled packaging for consumer goods and the wholesaling of office products.
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