DS Smith Plc (OTCMKTS:DITHF) Receives $347.00 Consensus Price Target from Analysts

DS Smith Plc (OTCMKTS:DITHFGet Rating) has received a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $347.00.

DITHF has been the topic of several research reports. Exane BNP Paribas upgraded shares of DS Smith from an “underperform” rating to a “neutral” rating and set a GBX 250 ($3.02) price objective on the stock in a report on Tuesday. Credit Suisse Group dropped their price objective on shares of DS Smith from GBX 360 ($4.35) to GBX 340 ($4.11) in a report on Wednesday, June 22nd. Morgan Stanley dropped their price objective on shares of DS Smith from GBX 430 ($5.20) to GBX 420 ($5.07) in a report on Tuesday, July 5th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of DS Smith from GBX 500 ($6.04) to GBX 378 ($4.57) in a report on Monday, July 11th.

DS Smith Stock Performance

Shares of OTCMKTS DITHF opened at $3.08 on Tuesday. The firm’s 50-day moving average price is $3.32 and its 200-day moving average price is $3.69. DS Smith has a 1-year low of $3.08 and a 1-year high of $6.04. The company has a current ratio of 0.87, a quick ratio of 0.67 and a debt-to-equity ratio of 0.33.

About DS Smith

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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, 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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Analyst Recommendations for DS Smith (OTCMKTS:DITHF)

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