Smiths Group (OTCMKTS:SMGZY) Upgraded at Zacks Research

Smiths Group (OTCMKTS:SMGZYGet Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other brokerages have also issued reports on SMGZY. Citigroup reaffirmed a “buy” rating on shares of Smiths Group in a report on Thursday, January 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Smiths Group in a report on Wednesday. Finally, Berenberg Bank raised shares of Smiths Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

View Our Latest Research Report on SMGZY

Smiths Group Stock Performance

Shares of OTCMKTS:SMGZY opened at $33.57 on Tuesday. The firm has a 50 day moving average of $33.50 and a 200-day moving average of $33.99. Smiths Group has a 12 month low of $28.29 and a 12 month high of $37.93.

Smiths Group Company Profile

(Get Free Report)

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.

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