Smiths Group (LON:SMIN) had its target price upped by Goldman Sachs Group from GBX 1,520 ($18.71) to GBX 1,580 ($19.44) in a research report report published on Tuesday, Stock Target Advisor reports. They currently have a buy rating on the stock.
Other analysts also recently issued reports about the stock. Royal Bank of Canada raised shares of Smiths Group to an outperform rating and decreased their price objective for the stock from GBX 1,690 ($20.80) to GBX 1,300 ($16.00) in a report on Thursday, March 19th. Barclays reissued an overweight rating on shares of Smiths Group in a report on Monday, May 18th. Liberum Capital reissued a hold rating on shares of Smiths Group in a research note on Tuesday. Citigroup restated a buy rating on shares of Smiths Group in a report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Smiths Group from GBX 1,875 ($23.07) to GBX 1,300 ($16.00) and set an overweight rating on the stock in a report on Wednesday, March 25th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 1,491 ($18.35).
LON SMIN opened at GBX 1,412 ($17.38) on Tuesday. Smiths Group has a 12 month low of GBX 790 ($9.72) and a 12 month high of GBX 2,246.40 ($27.64). The company’s 50 day simple moving average is GBX 1,296.07 and its 200 day simple moving average is GBX 1,420.62. The company has a debt-to-equity ratio of 66.83, a current ratio of 2.76 and a quick ratio of 0.92. The company has a market capitalization of $5.15 billion and a P/E ratio of 22.48.
In other news, insider George Buckley acquired 1,029 shares of Smiths Group stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average price of GBX 1,215 ($14.95) per share, for a total transaction of £12,502.35 ($15,385.61).
Smiths Group Company Profile
Smiths Group plc operates as a technology company severing the medical technology, security and defense, general industrial, oil and gas, and space and commercial aerospace markets worldwide. The company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek.
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