Chris O’Shea Sells 17,600 Shares of Smiths Group plc (SMIN) Stock
Smiths Group plc (LON:SMIN) insider Chris O’Shea sold 17,600 shares of the business’s stock in a transaction that occurred on Friday, September 30th. The shares were sold at an average price of GBX 1,453 ($18.97), for a total transaction of £255,728 ($333,804.99).
Smiths Group plc (LON:SMIN) opened at 1510.00 on Wednesday. The stock’s 50 day moving average is GBX 1,376.59 and its 200 day moving average is GBX 1,201.65. The firm’s market cap is GBX 5.97 billion. Smiths Group plc has a one year low of GBX 858.00 and a one year high of GBX 1,519.00.
The company also recently declared a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 20th will be issued a GBX 28.75 ($0.38) dividend. This represents a yield of 1.99%. The ex-dividend date of this dividend is Thursday, October 20th. This is a positive change from Smiths Group plc’s previous dividend of $13.25.
A number of analysts have weighed in on the stock. Beaufort Securities reaffirmed a “hold” rating on shares of Smiths Group plc in a research note on Monday, September 26th. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 1,280 ($16.71) target price on shares of Smiths Group plc in a research note on Thursday, August 11th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,300 ($16.97) target price on shares of Smiths Group plc in a research note on Wednesday, August 10th. BNP Paribas reaffirmed an “underperform” rating and set a GBX 900 ($11.75) target price on shares of Smiths Group plc in a research note on Monday, June 27th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,300 ($16.97) target price on shares of Smiths Group plc in a research note on Wednesday, August 10th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 1,247.67 ($16.29).
About Smiths Group plc
Smiths Group plc is a technology company. The Company operates through five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. John Crane division offers mechanical seals, seal support systems, engineered bearings, power transmission couplings and filtration systems.
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