Insider Buying: Smiths Group (LON:SMIN) Insider Buys £1,780.86 in Stock

Smiths Group plc (LON:SMINGet Free Report) insider Richard Howes purchased 67 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were acquired at an average cost of GBX 2,658 per share, with a total value of £1,780.86.

Smiths Group Trading Up 0.2%

Shares of Smiths Group stock traded up GBX 6 during trading on Monday, hitting GBX 2,648. The company’s stock had a trading volume of 850,172 shares, compared to its average volume of 10,886,889. The company has a debt-to-equity ratio of 73.19, a current ratio of 3.04 and a quick ratio of 1.29. Smiths Group plc has a 52 week low of GBX 2,088 and a 52 week high of GBX 2,746. The stock has a market cap of £7.90 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 0.35 and a beta of 0.73. The stock has a 50-day moving average price of GBX 2,549.37 and a two-hundred day moving average price of GBX 2,529.84.

Wall Street Analyst Weigh In

SMIN has been the topic of a number of analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 3,000 price target on shares of Smiths Group in a research report on Friday, May 22nd. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 2,750 price objective on shares of Smiths Group in a research note on Wednesday, July 1st. 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 report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. boosted their price target on shares of Smiths Group from GBX 2,810 to GBX 3,100 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,876.67.

View Our Latest Analysis on Smiths Group

About Smiths Group

(Get Free Report)

For 175 years, we have been pioneers of progress, engineering a better future. Our strategy is to be a focused, efficient and value creating industrial engineering company operating in the attractive and growing market segments of flow control, thermal solutions, construction and aerospace.

We focus on solving the toughest problems for our customers, helping address critical global needs such as decarbonisation and the ever-increasing demand for process and energy efficiency.

We are pioneers of progress.

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