Smiths Group plc (SMIN) Given Consensus Recommendation of “Hold” by Brokerages
Smiths Group plc (LON:SMIN) has earned a consensus recommendation of “Hold” from the thirteen research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 1,555.45 ($19.82).
Several research firms have recently weighed in on SMIN. Deutsche Bank AG reissued a “buy” rating and issued a GBX 1,750 ($22.30) price target on shares of Smiths Group plc in a research note on Wednesday, May 3rd. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,730 ($22.04) price target on shares of Smiths Group plc in a research note on Wednesday, May 3rd. HSBC Holdings plc increased their price target on shares of Smiths Group plc from GBX 1,700 ($21.66) to GBX 1,900 ($24.21) and gave the company a “buy” rating in a research note on Thursday, April 6th. Goldman Sachs Group, Inc. (The) increased their price target on shares of Smiths Group plc from GBX 1,800 ($22.93) to GBX 1,850 ($23.57) and gave the company a “buy” rating in a research note on Monday, April 10th. Finally, Royal Bank Of Canada increased their price target on shares of Smiths Group plc from GBX 1,700 ($21.66) to GBX 1,750 ($22.30) and gave the company an “outperform” rating in a research note on Thursday, March 30th.
In related news, insider Chris O’Shea acquired 2,095 shares of the stock in a transaction that occurred on Tuesday, May 2nd. The stock was purchased at an average price of GBX 1,646 ($20.97) per share, with a total value of £34,483.70 ($43,933.88).
Shares of Smiths Group plc (SMIN) traded up 0.74% on Monday, hitting GBX 1639.00. The company’s stock had a trading volume of 315,579 shares. The stock has a 50-day moving average price of GBX 1,619.19 and a 200 day moving average price of GBX 1,546.40. The firm’s market cap is GBX 6.48 billion. Smiths Group plc has a one year low of GBX 1,028.00 and a one year high of GBX 1,685.00.
About Smiths Group plc
Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. The John Crane division offers mechanical seals, seal support systems, engineered bearings and power transmission couplings, among others. The Smiths Medical division offers infusion systems, vascular access (including safety needles), patient airway and temperature management equipment, and specialty devices in areas of in vitro fertilization, diagnostics and emergency patient transport.
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