Summary
Stock: DS Smith PLC (LON: SMDS) common equity
Market cap: £4.3bn
Rating: Add
Price: £3.11
Target: £4.55
Setting the stage
DS Smith PLC (LON: SMDS, £4.3bn market cap) is a British cardboard packaging business. It earns money by manufacturing cardboard packaging and speciality paper for large fast-moving consumer goods (FMCG) compan…