Smiths Group plc (LON:SMIN)‘s stock had its “outperform” rating reaffirmed by equities researchers at Credit Suisse Group in a report released on Friday.

Several other equities research analysts have also recently issued reports on SMIN. Royal Bank Of Canada raised their target price on shares of Smiths Group plc from GBX 1,750 ($23.01) to GBX 1,775 ($23.34) and gave the stock an “outperform” rating in a research report on Wednesday, June 28th. Deutsche Bank AG reissued a “buy” rating on shares of Smiths Group plc in a research report on Monday, July 10th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Smiths Group plc in a research report on Friday, July 14th. BNP Paribas reissued a “neutral” rating and issued a GBX 1,630 ($21.43) target price on shares of Smiths Group plc in a research report on Tuesday, July 18th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,730 ($22.75) target price on shares of Smiths Group plc in a research report on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Smiths Group plc currently has a consensus rating of “Hold” and an average price target of GBX 1,650 ($21.69).

Shares of Smiths Group plc (LON SMIN) traded up 0.75% during trading on Friday, reaching GBX 1602.00. 1,149,416 shares of the company’s stock were exchanged. The stock’s market capitalization is GBX 6.34 billion. Smiths Group plc has a 52 week low of GBX 1,358.00 and a 52 week high of GBX 1,685.00. The stock has a 50 day moving average price of GBX 1,576.51 and a 200-day moving average price of GBX 1,596.07.

Smiths Group plc (LON:SMIN) last released its quarterly earnings results on Friday, September 22nd. The company reported GBX 97.60 ($1.28) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 94.20 ($1.24) by GBX 3.40 ($0.04). Smiths Group plc had a net margin of 16.18% and a return on equity of 27.36%. The company had revenue of GBX 328 billion for the quarter. Analysts predict that Smiths Group plc will post $95.47 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Smiths Group plc’s (SMIN) “Outperform” Rating Reaffirmed at Credit Suisse Group” was originally posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another website, it was stolen and republished in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/10/14/smiths-group-plcs-smin-outperform-rating-reaffirmed-at-credit-suisse-group.html.

In other Smiths Group plc news, insider George Buckley purchased 431 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were purchased at an average price of GBX 1,544 ($20.30) per share, for a total transaction of £6,654.64 ($8,749.20).

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.

Analyst Recommendations for Smiths Group plc (LON:SMIN)

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.