Smiths Group (OTCMKTS:SMGZY) Rating Increased to Strong-Buy at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Smiths Group (OTCMKTS:SMGZY) to a strong-buy rating in a research note published on Thursday morning,Zacks.com reports.

Several other equities analysts have also recently weighed in on SMGZY. Zacks Research cut shares of Smiths Group from a “hold” rating to a “strong sell” rating in a research note on Friday, July 31st. Jefferies Financial Group reiterated a “hold” rating on shares of Smiths Group in a research note on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Smiths Group Trading Up 0.9%

SMGZY stock opened at $36.58 on Thursday. Smiths Group has a one year low of $28.29 and a one year high of $37.93. The company’s fifty day moving average price is $34.50 and its 200-day moving average price is $34.55. The company has a debt-to-equity ratio of 0.70, a current ratio of 3.04 and a quick ratio of 2.77.

Smiths Group Company Profile

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.