Smiths Group (OTCMKTS:SMGZY) Upgraded to Strong-Buy at Berenberg Bank

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

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

Smiths Group Trading Up 0.8%

SMGZY opened at $35.88 on Wednesday. The stock has a 50-day moving average of $33.02 and a 200 day moving average of $32.68. The company has a current ratio of 2.18, a quick ratio of 1.56 and a debt-to-equity ratio of 0.31. Smiths Group has a 12 month low of $21.76 and a 12 month high of $36.28.

Smiths Group Company Profile

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.