DS Smith plc 17.3% Potential Upside Indicated by Berenberg

Broker Ratings
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DS Smith plc with EPIC/TICKER (LON:SMDS) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. DS Smith plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 17.3% from today’s opening price of 341 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.6 points and decreased 40.4 points respectively. The 52 week high for the stock is 397.8 GBX while the year low stock price is currently 306.3 GBX.

DS Smith plc has a 50 day moving average of 371.03 GBX and the 200 Day Moving Average price is recorded at 361.23. There are currently 1,372,401,402 shares in issue with the average daily volume traded being 4,884,431. Market capitalisation for LON:SMDS is £4,620,875,688 GBP.

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