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DS Smith plc (SMDS) Given Consensus Recommendation of “Buy” by Brokerages

DS Smith plc (LON:SMDS) has been assigned a consensus recommendation of “Buy” from the eight ratings firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 523.33 ($6.84). JPMorgan Chase & Co. cut their price objective on DS Smith from GBX 600 ($7.84) to GBX 400 ($5.23) and set an “overweight” rating for the company in a research report on Tuesday, January 29th.

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