Smiths Group plc (SMIN) Stock Price Up 0.5%

Smiths Group plc (LON:SMIN) shares rose 0.5% on Wednesday . The company traded as high as GBX 1,610 ($20.79) and last traded at GBX 1,610 ($20.79). Approximately 696,483 shares changed hands during trading, a decline of 28% from the average daily volume of 969,810 shares. The stock had previously closed at GBX 1,602 ($20.69).

SMIN has been the subject of a number of analyst reports. Royal Bank Of Canada raised their price objective on Smiths Group plc from GBX 1,750 ($22.60) to GBX 1,775 ($22.92) and gave the company 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 report on Monday, July 10th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,730 ($22.34) target price on shares of Smiths Group plc in a report on Friday, June 2nd. BNP Paribas reissued a “neutral” rating and issued a GBX 1,630 ($21.05) target price on shares of Smiths Group plc in a report on Tuesday, July 18th. Finally, Numis Securities Ltd lowered Smiths Group plc to a “hold” rating and set a GBX 1,775 ($22.92) target price for the company. in a report on Monday, May 22nd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. Smiths Group plc has a consensus rating of “Hold” and a consensus price target of GBX 1,578.85 ($20.39).

The company has a 50 day moving average of GBX 1,558.89 and a 200 day moving average of GBX 1,591.70. The stock’s market capitalization is GBX 6.32 billion.

In other Smiths Group plc news, insider Andrew Reynolds Smith sold 28,427 shares of Smiths Group plc stock in a transaction dated Friday, June 30th. The stock was sold at an average price of GBX 1,593 ($20.57), for a total value of £452,842.11 ($584,840.64). Also, insider George Buckley bought 431 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was acquired at an average price of GBX 1,544 ($19.94) per share, for a total transaction of £6,654.64 ($8,594.39).

COPYRIGHT VIOLATION NOTICE: “Smiths Group plc (SMIN) Stock Price Up 0.5%” was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://www.chaffeybreeze.com/2017/09/15/smiths-group-plc-smin-stock-price-up-0-5.html.

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.

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.

Latest News

Leave a Reply