SMITH (DS) ORD 10P found using the EPIC (LON:SMDS) have now 9 analysts covering the company. The target price ranges between £5.86 and £3.65 meaning the average target price is £4.98. Given that the previous closing share price was at £4.26 this now indicates there is a potential upside of 16.8%. The 50 day moving average now sits at £4.25 while the 200 day moving average is £4.10. The company has a market cap of £6b. Company Website: http://www.dssmith.com
DS Smith provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, online and e-retail, industrial, hazardous, multi-material, inserts and cushioning, and electrostatic discharge packaging products, as well as wrap arounds, trays, and bag-in-boxes; displays and promotional packaging products; corrugated pallets; Sheetfeeding products; packaging machine systems; and Sizzlepak, a stuffing material made of paper, folded in a zigzag shape, and cut into narrow strips, as well as provides outdoor advertising services. It also provides various recycling and waste management services, including total waste management, paper and cardboard recycling, confidential shredding, and plastics recycling, as well as equipment for the retail, manufacturing, print and publishing, paper mills, automotive, and public sectors. In addition, the company offers recycled corrugated case materials, specialty papers, and kraft papers, as well as related technical and supply chain services. It provides its packaging solutions for the food and drink, consumer goods, industrial, e-commerce and e-retail, and converter industries. The company was formerly known as David S. Smith (Holdings) and changed its name to DS Smith in 2001. DS Smith was founded in 1940 and is headquartered in London, the United Kingdom.
