Smiths Group plc (SMIN) Receives GBX 1,770 Consensus Price Target from Brokerages

Shares of Smiths Group plc (LON:SMIN) have been given a consensus recommendation of “Buy” by the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,770 ($24.82).

A number of research firms have weighed in on SMIN. Credit Suisse Group reiterated an “outperform” rating on shares of Smiths Group in a research report on Friday, October 13th. Numis Securities reiterated a “hold” rating and set a GBX 1,600 ($22.43) price objective on shares of Smiths Group in a research report on Tuesday, December 5th. Deutsche Bank reiterated a “buy” rating and set a GBX 1,750 ($24.54) price objective on shares of Smiths Group in a research report on Monday, December 4th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,800 ($25.24) price objective on shares of Smiths Group in a research report on Monday, January 15th.

Shares of Smiths Group (SMIN) traded down GBX 6 ($0.08) on Tuesday, reaching GBX 1,500 ($21.03). 1,627,971 shares of the company traded hands, compared to its average volume of 1,360,000. Smiths Group has a 12 month low of GBX 1,442 ($20.22) and a 12 month high of GBX 1,697 ($23.79). The company has a market capitalization of $5,950.00 and a PE ratio of 1,056.34.

In related news, insider George Buckley purchased 782 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were purchased at an average cost of GBX 1,599 ($22.42) per share, for a total transaction of £12,504.18 ($17,532.50).

TRADEMARK VIOLATION NOTICE: This news story was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another domain, it was stolen and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.com-unik.info/2018/02/09/smiths-group-plc-smin-receives-gbx-1770-consensus-price-target-from-brokerages.html.

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)

Receive News & Ratings for Smiths Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smiths Group and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit