Morgan Stanley reissued their equal weight rating on shares of Smiths Group (LON:SMIN) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. set a €21.00 ($24.42) price target on shares of Signify and gave the company a sell rating in a report on Monday, March 25th. Liberum Capital set a C$2.20 price target on shares of Millennial Lithium and gave the company a buy rating in a report on Friday, June 7th. Credit Suisse Group initiated coverage on shares of Yunji in a report on Wednesday, July 3rd. They issued an outperform rating and a $14.50 price target on the stock. Royal Bank of Canada reissued a buy rating on shares of easyJet in a report on Monday, April 1st. Finally, Deutsche Bank reissued a buy rating and issued a $18.00 price target on shares of STMicroelectronics in a report on Monday, April 15th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 1,611 ($21.05).
LON:SMIN opened at GBX 1,592.50 ($20.81) on Thursday. The firm has a market cap of $6.31 billion and a PE ratio of 21.79. The company has a current ratio of 2.36, a quick ratio of 1.66 and a debt-to-equity ratio of 65.38. The firm’s fifty day moving average is GBX 1,518.87. Smiths Group has a one year low of GBX 1,257 ($16.42) and a one year high of GBX 1,753 ($22.91).
In other Smiths Group news, insider George Buckley purchased 817 shares of the stock in a transaction on Wednesday, May 1st. The shares were purchased at an average price of GBX 1,530 ($19.99) per share, with a total value of £12,500.10 ($16,333.59).
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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