Smiths Group plc (LON:SMIN) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Smiths Group plc (LON:SMIN – Get Free Report) have been given an average rating of “Moderate Buy” by the six brokerages that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 2,828.33.

A number of analysts recently issued reports on SMIN shares. JPMorgan Chase & Co. lowered their price target on shares of Smiths Group from GBX 2,830 to GBX 2,810 and set an “overweight” rating on the stock in a report on Friday, May 22nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 3,000 price objective on shares of Smiths Group in a report on Friday, May 22nd. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,750 price objective on shares of Smiths Group in a research report on Wednesday, July 1st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,500 target price on shares of Smiths Group in a research note on Wednesday, July 1st.

Get Smiths Group alerts:

View Our Latest Stock Report on SMIN

Insider Activity

In other Smiths Group news, insider Simon Pryce purchased 206 shares of the stock in a transaction on Friday, May 1st. The shares were bought at an average price of GBX 2,532 per share, for a total transaction of £5,215.92. Also, insider Richard Howes acquired 70 shares of the company’s stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of GBX 2,532 per share, for a total transaction of £1,772.40. 0.81% of the stock is owned by insiders.

Smiths Group Price Performance

Shares of LON SMIN opened at GBX 2,495 on Friday. The stock has a market capitalization of £7.44 billion, a price-to-earnings ratio of 32.49, a PEG ratio of 0.35 and a beta of 0.73. Smiths Group has a 12 month low of GBX 2,088 and a 12 month high of GBX 2,746. The firm’s 50 day simple moving average is GBX 2,518.72 and its 200-day simple moving average is GBX 2,510.69. The company has a debt-to-equity ratio of 73.19, a current ratio of 3.04 and a quick ratio of 1.29.

About Smiths Group

(Get Free Report)

Smiths Group plc operates as an industrial engineering company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business engineers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems. The Smiths Detection business provides sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, and contraband.

Read More

• Five stocks we like better than Smiths Group
• Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
• 3 Overlooked Energy ETFs Delivering Strong Returns and Income
• 3 Space Stocks That Could Outshine SpaceX After Its IPO
• JPMorgan’s Q2 Strength Gives the Stock Rally New Support

Receive News & Ratings for Smiths Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smiths Group and related companies with MarketBeat.com's FREE daily email newsletter.