Smiths Group (LON:SMIN) was upgraded by analysts at Numis Securities to an “add” rating in a research note issued on Friday. The firm currently has a GBX 1,725 ($23.39) price objective on the stock. Numis Securities’ price target would suggest a potential upside of 5.67% from the company’s current price.
Several other brokerages also recently weighed in on SMIN. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 1,730 ($23.46) target price on shares of Smiths Group in a research note on Friday, December 8th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,730 ($23.46) target price on shares of Smiths Group in a research note on Tuesday, September 19th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 1,750 ($23.73) target price on shares of Smiths Group in a research note on Monday, December 4th. Goldman Sachs Group reaffirmed a “buy” rating and set a GBX 1,850 ($25.09) target price on shares of Smiths Group in a research note on Friday, September 22nd. Finally, reaffirmed a “buy” rating and set a GBX 1,900 ($25.77) target price on shares of Smiths Group in a research note on Friday, September 29th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,770 ($24.00).
Smiths Group (LON:SMIN) opened at GBX 1,632.50 ($22.14) on Friday. The firm has a market capitalization of $6,200.00 and a P/E ratio of 1,149.65. Smiths Group has a 52 week low of GBX 1,442 ($19.56) and a 52 week high of GBX 1,685 ($22.85).
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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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