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.
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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.
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