DS Smith plc 24.7% 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 a target price of 400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 24.7% from today’s opening price of 320.8 GBX. Over the last 30 and 90 trading days the company share price has increased 21.5 points and decreased 71.2 points respectively. The 1 year high for the stock price is 542.45 GBX while the 52 week low is 285.83 GBX.

DS Smith plc has a 50 day moving average of 326.22 GBX and a 200 Day Moving Average share price is recorded at 421.05. There are currently 1,369,435,451 shares in issue with the average daily volume traded being 5,799,685. Market capitalisation for LON:SMDS is £4,471,206,747 GBP.

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