Smiths Group plc (SMIN) Earns Buy Rating from Goldman Sachs Group, Inc. (The)
Smiths Group plc (LON:SMIN)‘s stock had its “buy” rating reissued by stock analysts at Goldman Sachs Group, Inc. (The) in a note issued to investors on Friday.
Several other equities analysts have also weighed in on SMIN. Numis Securities Ltd restated a “buy” rating and issued a GBX 1,810 ($23.45) price objective on shares of Smiths Group plc in a report on Monday, March 20th. Credit Suisse Group increased their price objective on shares of Smiths Group plc from GBX 1,600 ($20.73) to GBX 1,730 ($22.41) and gave the company an “outperform” rating in a report on Friday, March 24th. J P Morgan Chase & Co increased their price objective on shares of Smiths Group plc from GBX 1,612 ($20.88) to GBX 1,730 ($22.41) and gave the company an “overweight” rating in a report on Monday, March 27th. BNP Paribas restated a “neutral” rating and issued a GBX 1,600 ($20.73) price objective on shares of Smiths Group plc in a report on Tuesday, March 28th. Finally, Royal Bank Of Canada increased their price objective on shares of Smiths Group plc from GBX 1,700 ($22.02) to GBX 1,750 ($22.67) and gave the company an “outperform” rating in a report on Thursday, March 30th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,576.54 ($20.42).
Smiths Group plc (SMIN) opened at 1625.00 on Friday. Smiths Group plc has a 12-month low of GBX 1,115.00 and a 12-month high of GBX 1,685.00. The firm has a 50 day moving average price of GBX 1,609.47 and a 200 day moving average price of GBX 1,553.69. The company’s market cap is GBX 6.42 billion.
WARNING: “Smiths Group plc (SMIN) Earns Buy Rating from Goldman Sachs Group, Inc. (The)” was first published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/07/16/smiths-group-plc-smin-earns-buy-rating-from-goldman-sachs-group-inc-the.html.
In related news, insider Chris O’Shea acquired 2,095 shares of the company’s stock in a transaction that occurred on Tuesday, May 2nd. The shares were acquired at an average cost of GBX 1,646 ($21.32) per share, for a total transaction of £34,483.70 ($44,668.01). Also, insider Andrew Reynolds Smith sold 28,427 shares of the firm’s stock in a transaction on Friday, June 30th. The stock was sold at an average price of GBX 1,593 ($20.63), for a total transaction of £452,842.11 ($586,583.04).
Smiths Group plc Company Profile
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.
Receive News & Ratings for Smiths Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smiths Group plc and related companies with MarketBeat.com's FREE daily email newsletter.