Smiths Group (SMIN) Rating Reiterated by Numis Securities

Smiths Group (LON:SMIN)‘s stock had its “hold” rating reaffirmed by stock analysts at Numis Securities in a report released on Tuesday. They presently have a GBX 1,600 ($21.53) price target on the stock. Numis Securities’ price target would suggest a potential upside of 8.11% from the company’s current price.

SMIN has been the subject of several other reports. Credit Suisse Group reaffirmed an “outperform” rating on shares of Smiths Group in a research report on Friday, October 13th. reaffirmed a “buy” rating and set a GBX 1,900 ($25.57) target price on shares of Smiths Group in a research report on Friday, September 29th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,800 ($24.23) target price on shares of Smiths Group in a research report on Wednesday, November 15th. Goldman Sachs Group reaffirmed a “buy” rating and set a GBX 1,850 ($24.90) target price on shares of Smiths Group in a research report on Friday, September 22nd. Finally, Deutsche Bank reaffirmed a “buy” rating and set a GBX 1,750 ($23.55) target price on shares of Smiths Group in a research report on Monday. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Smiths Group has a consensus rating of “Buy” and a consensus target price of GBX 1,754.38 ($23.61).

Smiths Group (LON SMIN) opened at GBX 1,465 ($19.72) on Tuesday. Smiths Group has a 1-year low of GBX 1,396 ($18.79) and a 1-year high of GBX 1,685 ($22.68).

Smiths Group (LON:SMIN) last announced its earnings results on Friday, September 22nd. The company reported GBX 97.60 ($1.31) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 94.20 ($1.27) by GBX 3.40 ($0.05). Smiths Group had a return on equity of 27.36% and a net margin of 16.17%. The firm had revenue of GBX 328 billion during the quarter.

In other news, insider George Buckley purchased 1,111 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was bought at an average price of GBX 1,577 ($21.22) per share, for a total transaction of £17,520.47 ($23,580.71).

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Smiths Group 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.

Analyst Recommendations for Smiths Group (LON:SMIN)

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