Recent Research Analysts’ Ratings Updates for DS Smith plc (SMDS)

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A number of firms have modified their ratings and price targets on shares of DS Smith plc (LON: SMDS) recently:

9/7/2016 – DS Smith plc had its “buy” rating reaffirmed by analysts at Beaufort Securities.
9/7/2016 – DS Smith plc had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 470 ($6.26) price target on the stock.
9/6/2016 – DS Smith plc had its “hold” rating reaffirmed by analysts at Goodbody.
9/6/2016 – DS Smith plc was downgraded by analysts at Numis Securities Ltd to a “hold” rating. They now have a GBX 460 ($6.13) price target on the stock, up previously from GBX 430 ($5.73).
9/6/2016 – DS Smith plc had its price target raised by analysts at Jefferies Group from GBX 390 ($5.19) to GBX 440 ($5.86). They now have a “hold” rating on the stock.
9/2/2016 – DS Smith plc had its price target raised by analysts at Berenberg Bank from GBX 375 ($4.99) to GBX 400 ($5.33). They now have a “hold” rating on the stock.
9/2/2016 – DS Smith plc had its price target raised by analysts at Goldman Sachs Group Inc. from GBX 390 ($5.19) to GBX 400 ($5.33). They now have a “neutral” rating on the stock.

Shares of DS Smith plc (LON:SMDS) opened at 406.80 on Thursday. The firm’s market capitalization is GBX 3.84 billion. The firm’s 50-day moving average is GBX 410.21 and its 200-day moving average is GBX 394.74. DS Smith plc has a 12-month low of GBX 329.10 and a 12-month high of GBX 431.30.
The firm also recently announced a dividend, which will be paid on Tuesday, November 1st. Shareholders of record on Thursday, September 29th will be given a dividend of GBX 8.80 ($0.12) per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a yield of 2.13%. This is a boost from DS Smith plc’s previous dividend of $4.00.

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In other news, insider Roberts,Miles sold 456,026 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of GBX 395 ($5.26), for a total value of £1,801,302.70 ($2,399,177.81).
DS Smith Plc. is engaged in designing and manufacturing of recycled packaging for consumer goods. The Company’s businesses include corrugated packaging, recycling, paper and plastic packaging. The Company’s operating segments include UK, Western Europe, DACH and Northern Europe, Central Europe and Italy, and Plastics.

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