Breaking Finance News

Berenberg announced Smith DS PLC (LON:SMDS), supporting its price target at 400.00GBX earlier today

Having a price of 446.10GBX, Smith DS PLC (LON:SMDS) traded -0.51% lower on the day. With the last stock price up 10.17% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. The company has recorded a 50-day moving average of 428.82GBX and a 200-day moving average of 409.33GBX. 2,088,373 shares of the stock were exchanged, down from an average trading volume of 2,260,130

Reporting a potential downside of -0.10%, Berenberg hold steady the price target of Smith DS PLC (LON:SMDS) at 400.00GBX

On 1/24/2017, Peel Hunt released a statement about Smith DS PLC (LON:SMDS) upped the target price from 490.00GBX to 520.00GBX that suggested an upside of 0.25%.

See Chart Below

Smith DS PLC (LON:SMDS)

Smith DS PLC has a 52 week low of 343.30GBX and a 52 week high of 456.17GBX with a P/E ratio of 20.31 The company’s market cap is currently 0 GBX.

In addition to Berenberg reporting its target price, a total of 10 firms have issued a report on the stock. The consensus target price is 418.60GBX with 4 firms rating the stock a strong buy, 2 firms rating the stock a buy, 6 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.