Smiths Group plc’s “Sell” Rating Reaffirmed at Espirito Santo Investment Bank Research (SMIN)
Smiths Group plc (LON:SMIN)‘s stock had its “sell” rating reiterated by equities researchers at Espirito Santo Investment Bank Research in a research report issued on Friday. They currently have a GBX 1,200 ($20.19) price target on the stock. Espirito Santo Investment Bank Research’s price objective indicates a potential downside of 8.74% from the stock’s previous close.
Smiths Group plc (LON:SMIN) opened at 1300.00 on Friday. Smiths Group plc has a 52 week low of GBX 1217.00 and a 52 week high of GBX 1535.00. The stock’s 50-day moving average is GBX 1287. and its 200-day moving average is GBX 1374.. The company’s market cap is £5.124 billion.
SMIN has been the subject of a number of other recent research reports. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Smiths Group plc in a research note on Wednesday, May 14th. They now have a GBX 1,485 ($24.98) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Smiths Group plc in a research note on Monday, May 12th. They now have a GBX 1,400 ($23.55) price target on the stock. Finally, analysts at Barclays reiterated an “underweight” rating on shares of Smiths Group plc in a research note on Monday, May 12th. They now have a GBX 1,240 ($20.86) price target on the stock. Six equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,347.83 ($22.67).
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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