Other analysts also recently issued reports about the company. Citigroup restated a buy rating on shares of DS Smith in a report on Monday, March 19th. Numis Securities reaffirmed a hold rating and set a GBX 530 ($7.49) price target on shares of DS Smith in a research report on Thursday, March 8th. Jefferies Group reissued a hold rating and issued a GBX 530 ($7.49) price objective on shares of DS Smith in a research report on Tuesday, March 6th. Goldman Sachs reissued a neutral rating and issued a GBX 525 ($7.42) price objective on shares of DS Smith in a research report on Monday, March 5th. Finally, JPMorgan Chase reissued an overweight rating and issued a GBX 600 ($8.48) price objective on shares of DS Smith in a research report on Thursday, March 8th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. DS Smith has a consensus rating of Buy and an average price target of GBX 547.88 ($7.74).
Shares of SMDS opened at GBX 502 ($7.10) on Monday. DS Smith has a fifty-two week low of GBX 5.26 ($0.07) and a fifty-two week high of GBX 565 ($7.99).
The company also recently declared a dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Thursday, April 5th will be paid a GBX 4.90 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, April 5th. This represents a dividend yield of 0.95%.
COPYRIGHT VIOLATION WARNING: This article was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://ledgergazette.com/2018/04/16/peel-hunt-increases-ds-smith-smds-price-target-to-gbx-585.html.
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.
Receive News & Ratings for DS Smith Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DS Smith and related companies with MarketBeat.com's FREE daily email newsletter.