JPMorgan Chase & Co. restated their overweight rating on shares of DS Smith (LON:SMDS) in a research note published on Thursday morning. JPMorgan Chase & Co. currently has a GBX 600 ($8.29) target price on the stock.
Other equities analysts also recently issued reports about the company. Peel Hunt reaffirmed a buy rating and issued a GBX 575 ($7.94) target price on shares of DS Smith in a research report on Wednesday, February 7th. Numis Securities reaffirmed a buy rating and issued a GBX 570 ($7.88) target price on shares of DS Smith in a research report on Thursday, December 7th. Jefferies Group reaffirmed a hold rating and issued a GBX 530 ($7.32) target price (up from GBX 475 ($6.56)) on shares of DS Smith in a research report on Monday, November 27th. Goldman Sachs Group reaffirmed a neutral rating and issued a GBX 525 ($7.25) target price on shares of DS Smith in a research report on Monday, March 5th. Finally, Barclays reaffirmed an overweight rating on shares of DS Smith in a research report on Friday, December 8th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of GBX 546.63 ($7.55).
Shares of DS Smith (LON:SMDS) opened at GBX 510.20 ($7.05) on Thursday. The stock has a market capitalization of $5,450.00 and a PE ratio of 2,551.00. DS Smith has a 52-week low of GBX 5.26 ($0.07) and a 52-week high of GBX 565 ($7.81).
About DS Smith
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.
Receive News & Ratings for DS Smith Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DS Smith and related companies with MarketBeat.com's FREE daily email newsletter.