Smiths Group Receives Buy Rating from Prime Markets (SMIN)
Smiths Group (LON:SMIN)‘s stock had its “buy” rating reiterated by stock analysts at Prime Markets in a report issued on Wednesday, Analyst Ratings Network reports. They currently have a GBX 1,550 ($24.61) target price on the stock. Prime Markets’ price objective suggests a potential upside of 12.65% from the stock’s previous close.
Smiths Group (LON:SMIN) traded up 2.69% on Wednesday, hitting GBX 1413.00. The stock had a trading volume of 1,012,027 shares. Smiths Group has a 1-year low of GBX 1018.00 and a 1-year high of GBX 1456.00. The stock has a 50-day moving average of GBX 1327. and a 200-day moving average of GBX 1308.. The company’s market cap is £5.554 billion.
A number of other firms have also recently commented on SMIN. Analysts at Credit Suisse raised their price target on shares of Smiths Group (LON:SMIN) from GBX 1,420 ($22.55) to GBX 1,460 ($23.18) in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Societe Generale reiterated a “sell” rating on shares of Smiths Group (LON:SMIN) in a research note to investors on Wednesday. They now have a GBX 1,200 ($19.05) price target on the stock. Finally, analysts at Investec raised their price target on shares of Smiths Group (LON:SMIN) from GBX 1,500 ($23.82) to GBX 1,590 ($25.25) in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company’s stock. Smiths Group currently has a consensus rating of “Hold” and an average target price of GBX 1,350.19 ($21.44).
Smiths Group plc is a technology company. It has five divisions: Smiths Detection, Smiths Medical, John Crane, Smiths Interconnect and Flex-Tek.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.