DS Smith (LON:SMDS) Rating Reiterated by UBS Group
UBS Group restated their neutral rating on shares of DS Smith (LON:SMDS) in a research note published on Wednesday morning, Stock Target Advisor reports.
SMDS has been the subject of several other reports. Bank of America reaffirmed a buy rating and issued a GBX 450 ($5.88) target price on shares of DS Smith in a report on Tuesday, July 16th. Peel Hunt reaffirmed a buy rating on shares of DS Smith in a report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. reduced their target price on DS Smith from GBX 440 ($5.75) to GBX 420 ($5.49) and set an overweight rating for the company in a report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 405 ($5.29).
Shares of DS Smith stock traded up GBX 2.90 ($0.04) on Wednesday, hitting GBX 388.10 ($5.07). The company had a trading volume of 3,132,719 shares, compared to its average volume of 3,860,000. The stock has a market capitalization of $5.32 billion and a price-to-earnings ratio of 18.84. DS Smith has a 1 year low of GBX 286.20 ($3.74) and a 1 year high of GBX 389.60 ($5.09). The stock has a 50 day moving average of GBX 356.21 and a 200-day moving average of GBX 347.94. The company has a debt-to-equity ratio of 88.50, a quick ratio of 0.46 and a current ratio of 0.88.
DS Smith Company Profile
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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