Smiths Group Rating Reiterated by Societe Generale (SMIN)
Smiths Group (LON:SMIN)‘s stock had its “sell” rating reiterated by Societe Generale in a research note issued on Monday, AmericanBankingNews.com reports. They currently have a GBX 1,235 ($20.27) target price on the stock. Societe Generale’s target price indicates a potential downside of 18.75% from the company’s current price.
SMIN has been the subject of a number of other recent research reports. Analysts at Investec raised their price target on shares of Smiths Group from GBX 1,600 ($26.26) to GBX 1,660 ($27.25) in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Smiths Group from GBX 1,507 ($24.74) to GBX 1,536 ($25.21) in a research note to investors on Wednesday, January 8th. They now have an “overweight” rating on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Smiths Group in a research note to investors on Thursday, December 19th. They now have a GBX 1,400 ($22.98) price target on the stock. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 1,373.29 ($22.54).
Smiths Group plc is a technology company. It has five divisions: Smiths Detection, Smiths Medical, John Crane, Smiths Interconnect and Flex-Tek.
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