DS Smith plc 15.2% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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DS Smith plc with EPIC/TICKER (LON:SMDS) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. DS Smith plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 340 GBX on its stock. This now indicates the analyst believes there is a possible upside of 15.2% from the opening price of 295.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 59.5 points and increased 34.8 points respectively. The 52 week high for the share price is currently at 397.8 GBX while the year low stock price is currently 244.8 GBX.

DS Smith plc has a 50 day moving average of 328.88 GBX and the 200 Day Moving Average price is recorded at 346.33. There are currently 125,706,982 shares in issue with the average daily volume traded being 6,126,840. Market capitalisation for LON:SMDS is £4,064,661,131 GBP.

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