DS Smith (LON:SMDS) Given “Buy” Rating at Numis Securities

DS Smith (LON:SMDS)‘s stock had its “buy” rating restated by research analysts at Numis Securities in a research report issued on Friday, Digital Look reports. They presently have a GBX 385 ($4.89) price target on the stock. Numis Securities’ price target indicates a potential upside of 12.58% from the company’s previous close.

Separately, Barclays upgraded shares of DS Smith to an “overweight” rating and set a GBX 360 ($4.57) price objective for the company in a research note on Monday, December 4th.

DS Smith Stock Performance

LON:SMDS traded up GBX 16.79 ($0.21) during trading hours on Friday, hitting GBX 341.99 ($4.34). 32,697,032 shares of the company traded hands, compared to its average volume of 5,383,520. The stock has a market capitalization of £4.72 billion, a price-to-earnings ratio of 1,036.32, a P/E/G ratio of 1.06 and a beta of 0.88. DS Smith has a twelve month low of GBX 260.50 ($3.31) and a twelve month high of GBX 350.90 ($4.45). The firm has a 50-day moving average of GBX 302.54 and a 200 day moving average of GBX 294.94. The company has a current ratio of 0.94, a quick ratio of 0.59 and a debt-to-equity ratio of 72.82.

About DS Smith

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.