Smiths Group Given Neutral Rating at JPMorgan Chase & Co. (SMIN)
Smiths Group (LON:SMIN)‘s stock had its “neutral” rating restated by JPMorgan Chase & Co. in a research note issued on Tuesday, American Banking News.com reports. They currently have a GBX 1,435 ($23.58) target price on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 2.79% from the stock’s previous close.
Smiths Group (LON:SMIN) traded down 1.06% during mid-day trading on Tuesday, hitting GBX 1396.00. 1,001,333 shares of the company’s stock traded hands. Smiths Group has a 52 week low of GBX 1199.00 and a 52 week high of GBX 1535.00. The stock’s 50-day moving average is GBX 1469. and its 200-day moving average is GBX 1395.. The company’s market cap is £5.498 billion.
SMIN has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Smiths Group in a research note to investors on Tuesday. They now have a GBX 1,435 ($23.58) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Smiths Group in a research note to investors on Monday. They now have a GBX 1,460 ($23.99) price target on the stock. Finally, analysts at UBS AG upgraded shares of Smiths Group to a “buy” rating in a research note to investors on Monday, January 27th. They now have a GBX 1,000 ($16.43) price target on the stock, up previously from GBX 780 ($12.82). Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,355.29 ($22.27).
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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