DS Smith (LON:SMDS) Downgraded to Hold at Numis Securities

DS Smith (LON:SMDS) was downgraded by investment analysts at Numis Securities to a “hold” rating in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 415 ($5.17) target price on the stock. Numis Securities’ target price points to a potential upside of 4.72% from the stock’s current price.

DS Smith Stock Down 0.8 %

SMDS opened at GBX 396.30 ($4.93) on Friday. The company has a market capitalization of £5.47 billion, a PE ratio of 1,164.71, a price-to-earnings-growth ratio of 1.06 and a beta of 0.92. The company has a debt-to-equity ratio of 72.82, a current ratio of 0.94 and a quick ratio of 0.59. DS Smith has a fifty-two week low of GBX 260.50 ($3.24) and a fifty-two week high of GBX 415 ($5.17). The business has a 50-day moving average of GBX 355.29 and a 200-day moving average of GBX 312.47.

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.