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Smiths Group (LON:SMIN) was upgraded by UBS AG to a “buy” rating in a research note issued on Monday, reports. The firm currently has a GBX 1,000 ($16.48) target price on the stock, up from their previous target price of GBX 780 ($12.85). UBS AG’s target price indicates a potential downside of 30.22% from the company’s current price.

SMIN has been the subject of a number of other recent research reports. Analysts at BNP Paribas downgraded shares of Smiths Group to a “neutral” rating in a research note to investors on Monday. They now have a GBX 1,475 ($24.30) price target on the stock, down previously from GBX 1,525 ($25.13). Separately, analysts at Societe Generale reiterated a “sell” rating on shares of Smiths Group in a research note to investors on Monday, January 20th. They now have a GBX 1,235 ($20.35) price target on the stock. Finally, analysts at Investec raised their price target on shares of Smiths Group from GBX 1,600 ($26.36) to GBX 1,660 ($27.35) in a research note to investors on Monday, January 13th. 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 nine have assigned a buy rating to the company. Smiths Group has a consensus rating of “Hold” and an average target price of GBX 1,348.29 ($22.22).

Shares of Smiths Group (LON:SMIN) traded down 2.52% on Monday, hitting GBX 1433.00. The stock had a trading volume of 755,868 shares. Smiths Group has a one year low of GBX 1199.00 and a one year high of GBX 1535.00. The stock’s 50-day moving average is GBX 1464. and its 200-day moving average is GBX 1393.. The company’s market cap is £5.643 billion.

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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