A statement released earlier today by Barclays Capital about Smith DS PLC (LON:SMDS) bumps the target price to 465.00GBX
- Updated: October 6, 2016
Just yesterday Smith DS PLC (LON:SMDS) traded 1.66% higher at 0.00GBX. Smith DS PLC’s 50-day moving average is 408.39GBX and its 200-day moving average is 394.72GBX. The last stock price is down 0.88% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,138,721 shares of SMDS traded hands, up from an average trading volume of 1,817,240
Barclays Capital increased the stock price target of Smith DS PLC (LON:SMDS) to 465.00GBX reporting a possible upside of 0%.
Previously on Tuesday September 27, 2016, Jefferies International released a statement about Smith DS PLC (LON:SMDS) reduced the target price from 440.00GBX to 420.00GBX. At the time, this indicated a possible upside of 0%.
Recent Performance Chart
Smith DS PLC has 52 week low of 329.10GBX and a 52 week high of 431.30GBX with a PE ratio of 22.75 and has a market capitalization of 0 GBX.
In addition to Barclays Capital reporting its stock price target, a total of 10 brokerages have issued a ratings update on the company. The average stock price target is 418.60GBX with 4 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 6 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
General Company Details For Smith DS PLC (LON:SMDS)
DS Smith Plc is a provider of corrugated packaging in Europe and plastic packaging across the world. The Company's segments include UK, Western Europe, DCH and Northern Europe, Central Europe and Italy, and Plastics. The Company designs and manufactures plastic bags and taps and fitments for use in bag-in-box packaging for liquids. Its products are used for transportation of beverages, concentrates, chemicals and pharmaceuticals. The Company designs and manufactures rigid plastic packaging products for the transportation of food and drinks, healthcare products and automotive products. It also designs and manufactures foam molded, custom-designed components and packaging. It manufactures recycled paper, principally corrugated case material (CCM) or testliner. The Company also manufactures other grades of paper, such as core board and solid board. In addition, the Company offers a range of value-added services, such as recycling, and environmental audits and consultancy.
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