DS Smith plc 24.1% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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DS Smith plc using EPIC/TICKER code (LON:SMDS) has 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 their target price at 430 GBX on its stock. This now indicates the analyst believes there is a possible upside of 24.1% from the opening price of 346.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.2 points and increased 39.1 points respectively. The 52 week high for the share price is currently at 542.45 GBX while the 52 week low for the share price is 285.83 GBX.

DS Smith plc has a 50 day moving average of 338.43 GBX and the 200 Day Moving Average price is recorded at 409.78. There are currently 1,369,479,449 shares in issue with the average daily volume traded being 7,056,519. Market capitalisation for LON:SMDS is £4,631,579,663 GBP.

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