Jefferies Financial Group lowered shares of DS Smith (OTCMKTS:DITHF) from a buy rating to a hold rating in a report released on Monday, The Fly reports. Jefferies Financial Group also issued estimates for DS Smith’s FY2021 earnings at $0.29 EPS and FY2022 earnings at $0.36 EPS.

Several other brokerages have also recently issued reports on DITHF. UBS Group restated a neutral rating on shares of DS Smith in a research note on Wednesday, June 17th. ValuEngine upgraded DS Smith from a sell rating to a hold rating in a research note on Tuesday, March 24th. Finally, Zacks Investment Research downgraded shares of DS Smith from a hold rating to a sell rating in a report on Thursday, June 25th.

Shares of DS Smith stock opened at $3.40 on Monday. DS Smith has a 1 year low of $3.10 and a 1 year high of $5.32. The firm’s 50-day simple moving average is $4.05 and its 200-day simple moving average is $4.27. The firm has a market cap of $4.30 billion, a PE ratio of 7.91 and a beta of 0.75.

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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The Fly

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