DS Smith (LON:SMDS) Downgraded by Numis Securities to Hold

Numis Securities downgraded shares of DS Smith (LON:SMDS) to a hold rating in a report published on Friday morning, Digital Look reports. They currently have GBX 415 ($5.17) target price on the stock.

DS Smith Stock Down 10.3 %

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

About DS Smith

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.