0R15 8780.0 -1.0593% 0R1E 8527.0 2.6237% 0M69 None None% 0R2V 234.75 9868.1529% 0QYR 1479.0 -3.7109% 0QYP 426.4 -0.6061% 0RUK None None% 0RYA 1496.0 -2.4772% 0RIH 168.8 0.0% 0RIH 169.0 0.1185% 0R1O 208.12 10254.2289% 0R1O None None% 0QFP None None% 0M2Z 267.9939 0.2127% 0VSO 31.38 -11.8663% 0R1I None None% 0QZI 574.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 164.74 0.3166%

mid-cap

An Update on One Packaging Stock - SMDS

Feb 08, 2024 | Team Kalkine
An Update on One Packaging Stock - SMDS

SMDS:LSE
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (GBX)

DS Smith PLC (LSE: SMDS)

Company Overview: DS Smith PLC (LSE: SMDS) is an FTSE 100 index-listed provider of sustainable packaging solutions, paper products, and recycling services worldwide. The Company’s products and services include packaging solutions, recycling services, paper products, point-of-sales display solutions, and packaging machinery. This Report covers the Conclusion, and Recommendation on the stock.

As per the previous ‘Earnings Hunter’ Report published on SMDS as on 14th November 2023, Kalkine provided an ‘Attractive’ stance on the stock at GBX 297.30 based on ‘Earnings Hunter Score’, and the stock price has moved by 6.69% since then and the price came closer to the Resistance 1 level.

Noted below are the details of support and resistance levels provided in the previous report: 

SMDS’ Daily Chart 

Considering the current trading levels and uncertain macro environment, the stock seems ‘Unattractive’ at the current market price of GBX 317.20 (as of 08 February 2024 at 11:24 AM GMT).  

Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate. 

DS Smith PLC (LSE: SMDS) is a part of Kalkine’s Earnings Hunter Report

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 08 February 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’


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