Smiths Group Stock Rating Lowered by Arden Partners Ltd (SMIN)
Smiths Group (LON: SMIN) was downgraded by equities researchers at Arden Partners Ltd to a “neutral” rating in a report issued on Friday. They currently have a $19.64 (1300 GBX) target price on the stock.
Shares of Smiths Group (LON: SMIN) opened at 1282.00 on Friday. Smiths Group has a one year low of GBX 975.00 and a one year high of GBX 1342.74. The stock’s 50-day moving average is currently GBX 1045.. The company’s market cap is £5.035 billion.
Several other analysts have also recently commented on the stock. Analysts at UBS AG raised their price target on shares of Smiths Group from $19.64 to $20.39 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at JP Morgan Cazenove raised their price target on shares of Smiths Group from $19.86 to $22.66 in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Smiths Group in a research note to investors on Thursday.
Three research analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $20.22 (1338 GBX).
Smiths Group plc is a technology company. It has five divisions: Smiths Detection, Smiths Medical, John Crane, Smiths Interconnect and Flex-Tek.
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