DS Smith plc (SMDS) Given Consensus Recommendation of “Buy” by Brokerages

Shares of DS Smith plc (LON:SMDS) have received a consensus recommendation of “Buy” from the nine research firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 543 ($7.50).

Several research firms have recently issued reports on SMDS. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 600 ($8.29) price objective on shares of DS Smith in a research report on Thursday. Numis Securities reissued a “hold” rating and issued a GBX 530 ($7.32) target price on shares of DS Smith in a report on Thursday. Jefferies Group reissued a “hold” rating and issued a GBX 530 ($7.32) target price on shares of DS Smith in a report on Tuesday, March 6th. Goldman Sachs Group reissued a “neutral” rating and issued a GBX 525 ($7.25) target price on shares of DS Smith in a report on Monday, March 5th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 575 ($7.94) target price on shares of DS Smith in a report on Wednesday, February 7th.

DS Smith (LON SMDS) opened at GBX 510.20 ($7.05) on Friday. The stock has a market capitalization of $5,450.00 and a PE ratio of 2,551.00. DS Smith has a 1 year low of GBX 5.26 ($0.07) and a 1 year high of GBX 565 ($7.81).

The company also recently announced a dividend, which will be paid on Tuesday, May 1st. Stockholders of record on Thursday, April 5th will be issued a GBX 4.90 ($0.07) dividend. This represents a dividend yield of 0.95%. The ex-dividend date is Thursday, April 5th.

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DS Smith Company Profile

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.

Analyst Recommendations for DS Smith (LON:SMDS)

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