SMITH(DS) (OTCMKTS:DITHF) – Equities researchers at Jefferies Group increased their FY2018 earnings per share estimates for SMITH(DS) in a research report issued on Friday. Jefferies Group analyst J. Jordan now anticipates that the company will post earnings of $0.48 per share for the year, up from their prior estimate of $0.46. Jefferies Group also issued estimates for SMITH(DS)’s FY2019 earnings at $0.56 EPS and FY2020 earnings at $0.59 EPS.

Separately, Zacks Investment Research upgraded SMITH(DS) from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a report on Monday, December 4th.

SMIT (OTCMKTS DITHF) traded down $0.11 on Monday, reaching $7.09. The company had a trading volume of 1,000 shares, compared to its average volume of 644. SMIT has a fifty-two week low of $5.10 and a fifty-two week high of $7.20.

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SMITH(DS) Company Profile

DS Smith Plc designs and manufactures corrugated packaging and plastic packaging for consumer goods worldwide. The company offers 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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