Smiths Group plc (LON:SMIN) Given Consensus Recommendation of “Hold” by Brokerages
Smiths Group plc (LON:SMIN) has been assigned a consensus recommendation of “Hold” from the fourteen analysts that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 1,538.64 ($19.97).
SMIN has been the subject of a number of recent research reports. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,730 ($22.46) target price on shares of Smiths Group plc in a report on Friday, June 2nd. Numis Securities Ltd cut Smiths Group plc to a “hold” rating and set a GBX 1,775 ($23.04) target price for the company. in a report on Monday, May 22nd. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Smiths Group plc in a report on Tuesday, April 18th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 1,750 ($22.72) target price on shares of Smiths Group plc in a report on Wednesday, May 3rd. Finally, BNP Paribas reaffirmed a “neutral” rating and set a GBX 1,630 ($21.16) price target on shares of Smiths Group plc in a report on Tuesday, July 18th.
Shares of Smiths Group plc (SMIN) opened at 1545.00 on Tuesday. The stock’s market cap is GBX 6.11 billion. Smiths Group plc has a 52-week low of GBX 1,333.00 and a 52-week high of GBX 1,685.00. The company’s 50-day moving average price is GBX 1,583.63 and its 200-day moving average price is GBX 1,584.69.
In other news, 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 ($20.68), for a total value of £452,842.11 ($587,877.59). Also, insider George Buckley purchased 431 shares of Smiths Group plc stock in a transaction dated Tuesday, August 1st. The stock was bought at an average price of GBX 1,544 ($20.04) per share, for a total transaction of £6,654.64 ($8,639.02).
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.
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