DS Smith (LON:SMDS) Downgraded to Hold at Numis Securities

DS Smith (LON:SMDS) was downgraded by investment analysts at Numis Securities to a “hold” rating in a research note issued to investors on Friday, Digital Look reports. They currently have a GBX 415 ($5.17) price target on the stock. Numis Securities’ price objective would indicate a potential upside of 4.72% from the company’s current price.

DS Smith Price Performance

LON:SMDS opened at GBX 396.30 ($4.93) on Friday. DS Smith has a one year low of GBX 260.50 ($3.24) and a one year high of GBX 415 ($5.17). The company has a market cap of £5.47 billion, a P/E ratio of 1,164.71, a P/E/G ratio of 1.06 and a beta of 0.92. The firm’s fifty day moving average price is GBX 355.29 and its two-hundred day moving average price is GBX 312.47. The company has a debt-to-equity ratio of 72.82, a current ratio of 0.94 and a quick ratio of 0.59.

About DS Smith

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.