Numis Securities Downgrades DS Smith (LON:SMDS) to Hold

Numis Securities lowered shares of DS Smith (LON:SMDS) to a hold rating in a report issued on Friday, Digital Look reports. They currently have GBX 415 ($5.13) target price on the stock.

DS Smith Stock Performance

DS Smith stock opened at GBX 354.80 ($4.38) on Friday. The stock’s 50 day moving average price is GBX 356.84 and its 200 day moving average price is GBX 314.04. The firm has a market capitalization of £4.90 billion, a PE ratio of 1,043.53, a price-to-earnings-growth ratio of 1.06 and a beta of 0.92. The company has a debt-to-equity ratio of 72.82, a quick ratio of 0.59 and a current ratio of 0.94. DS Smith has a one year low of GBX 260.50 ($3.22) and a one year high of GBX 415 ($5.13).

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.