Barclays PLC assumed coverage on shares of DS Smith plc (LON:SMDS) in a research note published on Friday morning. The firm issued an overweight rating and a GBX 465 ($5.75) target price on the stock.
Other equities analysts also recently issued reports about the company. Goldman Sachs Group Inc. dropped their price target on DS Smith plc from GBX 395 ($4.89) to GBX 390 ($4.83) and set a neutral rating on the stock in a research note on Thursday, June 30th. Jefferies Group raised their price target on DS Smith plc from GBX 360 ($4.46) to GBX 390 ($4.83) and gave the stock a hold rating in a research note on Monday, June 27th. Goodbody restated a hold rating on shares of DS Smith plc in a research note on Thursday, June 23rd. Berenberg Bank raised their price target on DS Smith plc from GBX 375 ($4.64) to GBX 400 ($4.95) and gave the stock a hold rating in a research note on Friday, September 2nd. Finally, JPMorgan Chase & Co. restated an overweight rating and issued a GBX 470 ($5.82) price target on shares of DS Smith plc in a research note on Friday, July 8th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 433 ($5.36).
DS Smith plc (LON:SMDS) opened at 410.70 on Friday. The stock has a 50 day moving average price of GBX 408.43 and a 200-day moving average price of GBX 394.93. The stock’s market capitalization is GBX 3.87 billion. DS Smith plc has a 12-month low of GBX 329.10 and a 12-month high of GBX 431.30.
In other news, insider Roberts,Miles sold 456,026 shares of the firm’s stock in a transaction dated Friday, July 29th. The stock was sold at an average price of GBX 395 ($4.89), for a total transaction of £1,801,302.70 ($2,229,335.02).