Smiths Group plc (SMIN) Receives Average Recommendation of “Hold” from Brokerages
Smiths Group plc (LON:SMIN) has been given a consensus rating of “Hold” by the fourteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 1,538.64 ($19.87).
A number of equities research analysts have recently weighed in on SMIN shares. BNP Paribas reiterated a “neutral” rating and issued a GBX 1,630 ($21.05) price objective on shares of Smiths Group plc in a research report on Tuesday, July 18th. Royal Bank Of Canada lifted their price objective on Smiths Group plc from GBX 1,750 ($22.60) to GBX 1,775 ($22.92) and gave the stock an “outperform” rating in a research report on Wednesday, June 28th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,730 ($22.34) target price on shares of Smiths Group plc in a research note on Friday, June 2nd. Deutsche Bank AG restated a “buy” rating on shares of Smiths Group plc in a research note on Monday, July 10th. Finally, Numis Securities Ltd cut Smiths Group plc to a “hold” rating and set a GBX 1,775 ($22.92) target price for the company. in a research note on Monday, May 22nd.
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Smiths Group plc (LON:SMIN) opened at 1586.00 on Friday. The stock’s 50 day moving average price is GBX 1,555.70 and its 200-day moving average price is GBX 1,588.54. Smiths Group plc has a 12 month low of GBX 1,333.00 and a 12 month high of GBX 1,685.00. The firm’s market capitalization is GBX 6.27 billion.
In other Smiths Group plc news, insider Andrew Reynolds Smith sold 28,427 shares of Smiths Group plc stock in a transaction on Friday, June 30th. The stock was sold at an average price of GBX 1,593 ($20.57), for a total transaction of £452,842.11 ($584,840.64). Also, insider George Buckley acquired 431 shares of the stock in a transaction on Tuesday, August 1st. The shares were bought at an average price of GBX 1,544 ($19.94) per share, with a total value of £6,654.64 ($8,594.39).
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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