Jefferies Financial Group Increases DS Smith (SMDS) Price Target to GBX 370

DS Smith (LON:SMDS) had its price objective lifted by analysts at Jefferies Financial Group from GBX 330 ($4.31) to GBX 370 ($4.83) in a research note issued to investors on Wednesday. The brokerage currently has a “hold” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 6.23% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Peel Hunt reaffirmed a “buy” rating on shares of DS Smith in a research report on Thursday, December 6th. Citigroup reaffirmed a “buy” rating on shares of DS Smith in a research report on Friday, February 8th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of DS Smith from GBX 400 ($5.23) to GBX 430 ($5.62) and gave the stock an “overweight” rating in a research report on Friday, March 8th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. DS Smith currently has a consensus rating of “Buy” and a consensus price target of GBX 495 ($6.47).

DS Smith stock opened at GBX 348.30 ($4.55) on Wednesday. DS Smith has a 12-month low of GBX 5.26 ($0.07) and a 12-month high of GBX 565 ($7.38).

DS Smith Company Profile

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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Analyst Recommendations for DS Smith (LON:SMDS)

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