Smiths Group plc (LON:SMIN) has earned a consensus rating of “Hold” from the twelve research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 1,579 ($20.63).
Several research analysts have recently weighed in on SMIN shares. JPMorgan Chase & Co. upgraded shares of Smiths Group to an “overweight” rating and increased their price objective for the stock from GBX 1,660 ($21.69) to GBX 1,760 ($23.00) in a report on Wednesday, July 24th. Liberum Capital reiterated a “hold” rating on shares of Smiths Group in a report on Friday, June 7th. Goldman Sachs Group reiterated a “neutral” rating on shares of Smiths Group in a report on Wednesday, July 10th. Morgan Stanley reiterated an “equal weight” rating on shares of Smiths Group in a report on Thursday, July 11th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Smiths Group in a report on Wednesday, July 3rd.
In other Smiths Group news, insider George Buckley purchased 763 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The shares were purchased at an average price of GBX 1,641 ($21.44) per share, for a total transaction of £12,520.83 ($16,360.68).
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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