Smith (LON:SMDS) Rating Reaffirmed
In recent note sent to investors on Friday morning, Jefferies has decided to reaffirm their “Hold” rating on Smith (LON:SMDS) shares.
From a total of 12 analysts covering Smith DS PLC (LON:SMDS) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 5 a ”Hold”. This means that 42% of the ratings are positive. The highest target price is GBX 450 while the lowest target price is GBX 350. The mean of all analyst targets is GBX 409.18 with a -1.14% below today’s (GBX 413.9) stock price. Smith DS PLC was the topic of 27 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on November 27 with “Hold” rating. Canaccord Genuity maintained shares with “Hold” rating and GBX 430 target share price in a report from an October 27. Davy Research maintained SMDS stock in a recent report from October 30 with “Underperform” rating. Citigroup maintained the rating on October 9. Citigroup has a “Buy” rating and a GBX 446 price target on shares. Finally, J.P. Morgan maintained the stock with “Overweight” rating in a report issued on an October 27.
The stock increased 0.34% or GBX 1.4 on November 27, striking GBX 413.9. Approximately 1.12M shares of stock traded hands. DS Smith plc (LON:SMDS) has risen 19.11% since May 1, 2015 and is uptrending. It has outperformed by 20.00% the S&P500.
DS Smith Plc. is engaged in designing and manufacturing of recycled packaging for consumer goods. The company has a market cap of 3.91 billion GBP. The Company’s businesses include corrugated packaging, recycling, paper and plastic packaging. It has 25.19 P/E ratio. The Company’s operating divisions include UK, Western Europe, DACH and Northern Europe, Central Europe and Italy, and Plastics.