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Smiths Group plc (LON:SMIN)‘s stock had its “underperform” rating restated by investment analysts at RBC Capital in a note issued to investors on Wednesday. They currently have a GBX 1,150 ($19.52) price objective on the stock. RBC Capital’s price objective would suggest a potential downside of 10.51% from the stock’s previous close.

Shares of Smiths Group plc (LON:SMIN) opened at 1288.00 on Wednesday. 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 1317. and its 200-day moving average is GBX 1362.06. The company’s market cap is £5.077 billion.

SMIN has been the subject of a number of other recent research reports. Analysts at Berenberg Bank cut their price target on shares of Smiths Group plc from GBX 1,485 ($25.21) to GBX 1,405 ($23.85) in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Smiths Group plc in a research note on Thursday, June 12th. They now have a GBX 1,200 ($20.37) price target on the stock. Finally, analysts at Investec downgraded shares of Smiths Group plc to a “hold” rating in a research note on Tuesday, May 27th. They now have a GBX 1,385 ($23.51) price target on the stock, down previously from GBX 1,500 ($25.46). Six analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 1,355.33 ($23.01).

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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