Smiths Group (OTCMKTS:SMGZY) Raised to “Strong-Buy” at The Goldman Sachs Group

Smiths Group (OTCMKTS:SMGZY) was upgraded by analysts at The Goldman Sachs Group to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other equities analysts have also commented on SMGZY. Zacks Research lowered Smiths Group from a “hold” rating to a “strong sell” rating in a research report on Friday, July 31st. Jefferies Financial Group restated a “hold” rating on shares of Smiths Group in a research report on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Smiths Group Stock Performance

Shares of SMGZY stock opened at $36.58 on Thursday. The company has a quick ratio of 2.77, a current ratio of 3.04 and a debt-to-equity ratio of 0.70. The business has a 50-day moving average price of $34.50 and a two-hundred day moving average price of $34.55. Smiths Group has a 12-month low of $28.29 and a 12-month high of $37.93.

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.