Smiths Group plc (LON:SMIN) has earned a consensus rating of “Buy” from the thirteen analysts that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 1,747 ($23.26).
A number of equities analysts have recently commented on SMIN shares. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,765 ($23.50) price target on shares of Smiths Group in a report on Tuesday, March 27th. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 1,750 ($23.30) price objective on shares of Smiths Group in a research note on Wednesday, April 11th. Deutsche Bank reaffirmed a “buy” rating on shares of Smiths Group in a research note on Tuesday, May 29th. Numis Securities raised shares of Smiths Group to a “hold” rating and set a GBX 1,750 ($23.30) price objective for the company in a research note on Tuesday, May 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,575 ($20.97) price objective on shares of Smiths Group in a research note on Thursday, February 22nd.
In related news, insider George Buckley acquired 782 shares of the firm’s stock in a transaction on Tuesday, May 1st. The stock was acquired at an average cost of GBX 1,599 ($21.29) per share, for a total transaction of £12,504.18 ($16,647.82).
Smiths Group (LON:SMIN) last issued its quarterly earnings results on Friday, March 23rd. The company reported GBX 40.40 ($0.54) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 44.10 ($0.59) by GBX (3.70) (($0.05)). The company had revenue of GBX 154.90 billion during the quarter. Smiths Group had a return on equity of 27.36% and a net margin of 16.17%.
Smiths Group Company Profile
Smiths Group plc designs, manufactures, and sells various products and services for the threat and contraband detection, medical devices, energy, communications, and engineered components markets worldwide. It operates through John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek divisions.
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