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15.28p. Sustainability focus lifts DS Smith, says Hargreaves. Packaging group DS Smith ( SMDS) has been boosted by its sustainable credentials in the wake of the COP26 environmental summit and Hargreaves Lansdown says the company is making itself ‘integral’ to supply chains.
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Berenberg upgrades DS Smith. Broker Berenberg has upgraded DS Smith as it believes there are both medium and long-term positive drivers for the packaging business.. Analyst Eoghan Reid upgraded his recommendation from ‘hold’ to ‘buy’ and increased his target price from 290p to 475p on the stock, which closed down 0.8%, or 3.1p, at 398p on Wednesday.
DS Smith 's half year revenue has fallen 10% at constant exchange rates to £2.9bn. This reflects both lower volumes and pricing which, combined with changes in product mix, fed into a 55% decline .
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DS Smith's net debt position improved from £1.9bn at the end of April 2020, to £1.6bn, or 2.2 times profits at the same time this year. This is beyond management's medium-term goal of 2.0 times..
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Smith (DS) Share Price (SMDS) Ordinary 10p SMDS
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Smith (DS) Ordinary 10p. Half year revenue rose 22% to £3.4bn, increased demand for retail and sustainable packaging means volumes reached record levels. There was especially strong growth in the .
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The latest Smith (DS) (SMDS) Ordinary 10p share price (SMDS). View recent trades and share price information for Smith (DS) (SMDS) Ordinary 10p . Hargreaves Lansdown is a trading name of .
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DS Smith - record volumes
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Berenberg upgrades DS Smith. Broker Berenberg has upgraded DS Smith as it believes there are both medium and long-term positive drivers for the packaging business.. Analyst Eoghan Reid upgraded his recommendation from ‘hold’ to ‘buy’ and increased his target price from 290p to 475p on the stock, which closed down 0.8%, or 3.1p, at 398p on Wednesday.