DS Smith Plc (OTCMKTS:DITHF) Receives Consensus Rating of “Buy” from Analysts

DS Smith Plc (OTCMKTS:DITHFGet Rating) has been given a consensus recommendation of “Hold” by the five analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $478.33.

DITHF has been the topic of several analyst reports. Morgan Stanley dropped their price target on shares of DS Smith from GBX 450 ($5.62) to GBX 430 ($5.37) in a research note on Friday, April 8th. JPMorgan Chase & Co. lowered their target price on shares of DS Smith from GBX 588 ($7.35) to GBX 570 ($7.12) in a research note on Friday, March 11th. Zacks Investment Research upgraded shares of DS Smith from a “sell” rating to a “hold” rating in a research note on Monday, April 25th. Finally, UBS Group upgraded shares of DS Smith from a “neutral” rating to a “buy” rating in a research note on Wednesday, March 16th.

Shares of DITHF opened at $3.96 on Wednesday. The company’s fifty day moving average is $4.19 and its 200-day moving average is $4.72. DS Smith has a 12 month low of $3.96 and a 12 month high of $6.11.

DS Smith Company Profile (Get Rating)

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, online and e-retail, industrial, hazardous, multi-material, inserts and cushioning, and electrostatic discharge packaging products, as well as wrap arounds, trays, and bag-in-boxes; displays and promotional packaging products; corrugated pallets; Sheetfeeding products; packaging machine systems; and Sizzlepak, a stuffing material made of paper, folded in a zigzag shape, and cut into narrow strips, as well as provides outdoor advertising services.

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