DS Smith (LON: SMDS)‘s stock had its “buy” rating restated by analysts at Citigrooup in a research report issued to clients and investors on Wednesday, StockRatingsNetwork.com reports. They currently have a GBX 265 ($4.03) price objective on the stock. Citigrooup’s price target indicates a potential upside of 8.16% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs cut their price target on shares of DS Smith from GBX 278 ($4.23) to GBX 261 ($3.97) in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at UBS AG cut their price target on shares of DS Smith from GBX 280 ($4.26) to GBX 275 ($4.18) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at JP Morgan Cazenove reiterated an “overweight” rating on shares of DS Smith in a research note to investors on Monday. They now have a GBX 277 ($4.21) price target on the stock.
One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 278.37 ($4.23).
DS Smith (LON: SMDS) traded up 0.33% on Wednesday, hitting GBX 245.80. DS Smith has a 1-year low of GBX 142.90 and a 1-year high of GBX 265.028. The stock’s 50-day moving average is currently GBX 181.9. The company’s market cap is £2.256 billion.
DS Smith Plc is a holding company engaged in the supply of recycled packaging for consumer goods and the wholesaling of office products.