DS Smith’s (SMDS) “Buy” Rating Reiterated at Jefferies Financial Group

DS Smith (LON:SMDS)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday,Digital Look reports. They presently have a GBX 550 ($7.02) price objective on the stock. Jefferies Financial Group’s target price points to a potential downside of 2.22% from the company’s current price.

Separately, Stifel Nicolaus lowered DS Smith to a “hold” rating and reduced their price objective for the company from GBX 498 ($6.35) to GBX 480 ($6.12) in a research note on Wednesday, September 4th.

DS Smith Price Performance

Shares of LON SMDS traded down GBX 0.50 ($0.01) during mid-day trading on Friday, reaching GBX 562.50 ($7.18). The company had a trading volume of 5,350,727 shares, compared to its average volume of 8,994,938. The company has a debt-to-equity ratio of 70.02, a quick ratio of 0.59 and a current ratio of 0.86. DS Smith has a one year low of GBX 270.30 ($3.45) and a one year high of GBX 601.75 ($7.68). The firm has a market cap of £7.76 billion, a price-to-earnings ratio of 2,008.93, a PEG ratio of 1.06 and a beta of 0.87. The business’s 50-day simple moving average is GBX 514.20 and its 200 day simple moving average is GBX 451.88.

About DS Smith

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.