A statement released earlier today by Jefferies International about Smith DS PLC (LON:SMDS) bumps down the target price to 420.00GBX
- Updated: September 26, 2016
Stating a potential upside of 0%, Jefferies International dropped the stock price target of Smith DS PLC (LON:SMDS) to 420.00GBX
Boasting a price of 0.00GBX, Smith DS PLC (LON:SMDS) traded -1.23% lower on the day. With the last stock price close down -0.53% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Smith DS PLC has recorded a 50-day average of 413.08GBX and a two hundred day average of 395.82GBX. Volume of trade was up over the average, with 2,037,875 shares of SMDS changing hands over the typical 1,887,800
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Smith DS PLC has a one year low of 329.10GBX and a 52 week high of 431.30GBX with a PE ratio of 22.50 The company’s market cap is currently 0 GBX.
A total of 10 analysts have released a report on Smith DS PLC. Four analysts rating the company a strong buy, two analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 418.60GBX.
More About 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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