Home » Reports » Broker Ratings » DS Smith plc 8.9% Potential Upside Indicated by Bank of America Merrill Lynch

DS Smith plc 8.9% Potential Upside Indicated by Bank of America Merrill Lynch

DS Smith plc using EPIC/TICKER code (LON:SMDS) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Bank of America Merrill Lynch. DS Smith plc are listed in the Industrials sector within UK Main Market. Bank of America Merrill Lynch have set their target price at 400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.9% from today’s opening price of 367.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 27.4 points and increased 13.1 points respectively. The 1 year high for the stock price is 397.8 GBX while the 52 week low is 306.3 GBX.

DS Smith plc has a 50 day moving average of 385.69 GBX and a 200 day moving average of 359.76. There are currently 1,372,398,074 shares in issue with the average daily volume traded being 4,642,550. Market capitalisation for LON:SMDS is £5,003,763,461 GBP.

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