DS Smith (LON:SMDS) Stock Rating Reaffirmed by UBS Group
UBS Group reissued their neutral rating on shares of DS Smith (LON:SMDS) in a report published on Monday, ThisIsMoney.Co.Uk reports.
Other analysts also recently issued reports about the company. Numis Securities reiterated an add rating on shares of DS Smith in a report on Friday, June 14th. BNP Paribas downgraded DS Smith to an underperform rating and lowered their price target for the company from GBX 340 ($4.44) to GBX 300 ($3.92) in a report on Monday, June 17th. Bank of America reiterated a buy rating and issued a GBX 450 ($5.88) price target on shares of DS Smith in a report on Tuesday, July 16th. Peel Hunt restated a buy rating on shares of DS Smith in a research note on Wednesday, July 31st. Finally, Berenberg Bank lowered their target price on DS Smith from GBX 500 ($6.53) to GBX 480 ($6.27) and set a buy rating for the company in a research note on Thursday, May 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 407.50 ($5.32).
Shares of LON SMDS opened at GBX 332.60 ($4.35) on Monday. DS Smith has a 12-month low of GBX 286.20 ($3.74) and a 12-month high of GBX 514.20 ($6.72). The company has a market cap of $4.56 billion and a P/E ratio of 16.15. The company has a current ratio of 0.88, a quick ratio of 0.46 and a debt-to-equity ratio of 88.50. The stock has a fifty day moving average price of GBX 349.45 and a 200 day moving average price of GBX 344.94.
About DS Smith
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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