DS Smith (SMDS) Price Target Increased to GBX 600 by Analysts at J P Morgan Chase & Co
DS Smith (LON:SMDS) had its price objective boosted by J P Morgan Chase & Co from GBX 570 ($7.67) to GBX 600 ($8.08) in a research note published on Thursday morning. They currently have an overweight rating on the stock.
Other research analysts have also issued research reports about the company. Jefferies Group reiterated a hold rating and set a GBX 530 ($7.13) price target on shares of DS Smith in a research report on Friday. Peel Hunt reiterated an add rating and set a GBX 550 ($7.40) price target on shares of DS Smith in a research report on Tuesday, September 5th. Goldman Sachs Group boosted their price target on DS Smith from GBX 485 ($6.53) to GBX 500 ($6.73) and gave the stock a neutral rating in a research report on Tuesday, September 12th. Beaufort Securities reiterated a buy rating on shares of DS Smith in a research report on Wednesday, September 6th. Finally, Barclays reiterated an overweight rating and set a GBX 565 ($7.60) price target on shares of DS Smith in a research report on Thursday, August 17th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. DS Smith has an average rating of Buy and an average price target of GBX 548.50 ($7.38).
DS Smith (LON SMDS) opened at GBX 523.17 ($7.04) on Thursday. DS Smith has a 12-month low of GBX 5.26 ($0.07) and a 12-month high of GBX 565 ($7.60).
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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.
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