DS Smith (LON:SMDS) Cut to Hold at Numis Securities

Numis Securities downgraded shares of DS Smith (LON:SMDS) to a hold rating in a research report report published on Friday, Digital Look reports. The brokerage currently has GBX 415 ($5.17) price objective on the stock.

DS Smith Stock Down 10.3 %

Shares of LON SMDS opened at GBX 358.60 ($4.46) on Friday. The firm has a market cap of £4.95 billion, a PE ratio of 1,054.71, a P/E/G ratio of 1.06 and a beta of 0.92. DS Smith has a 12-month low of GBX 260.50 ($3.24) and a 12-month high of GBX 415 ($5.17). The company’s fifty day simple moving average is GBX 356.14 and its 200 day simple moving average is GBX 313. The company has a quick ratio of 0.59, a current ratio of 0.94 and a debt-to-equity ratio of 72.82.

DS Smith Company Profile

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.