Smiths Group (OTCMKTS:SMGZY) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Smiths Group (OTCMKTS:SMGZY) from a hold rating to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

Separately, Zacks Research upgraded shares of Smiths Group from a “strong sell” rating to a “hold” rating in a research report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Smiths Group presently has a consensus rating of “Moderate Buy”.

Smiths Group Stock Up 1.4%

Shares of Smiths Group stock opened at $36.46 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.18 and a quick ratio of 1.56. Smiths Group has a 12-month low of $21.76 and a 12-month high of $36.46. The company’s fifty day simple moving average is $33.13 and its two-hundred day simple moving average is $32.74.

About Smiths Group

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.