Smiths Group (LON:SMIN) Stock Rating Reaffirmed by Morgan Stanley

Smiths Group (LON:SMIN)‘s stock had its “equal weight” rating restated by investment analysts at Morgan Stanley in a report released on Thursday, ThisIsMoney.Co.Uk reports.

Several other research firms have also issued reports on SMIN. Goldman Sachs Group lowered shares of EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a report on Wednesday. JPMorgan Chase & Co. set a €21.00 ($24.42) target price on shares of Signify and gave the company a “sell” rating in a report on Monday, March 25th. Citigroup reiterated a “sell” rating on shares of Bayerische Motoren Werke in a report on Friday, April 5th. Credit Suisse Group assumed coverage on shares of Yunji in a report on Wednesday, July 3rd. They set an “outperform” rating and a $14.50 target price for the company. Finally, Deutsche Bank reiterated a “buy” rating and set a $18.00 target price on shares of STMicroelectronics in a report on Monday, April 15th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 1,611 ($21.05).

SMIN stock opened at GBX 1,592.50 ($20.81) on Thursday. The firm’s 50 day simple moving average is GBX 1,518.87. Smiths Group has a 52-week low of GBX 1,257 ($16.42) and a 52-week high of GBX 1,753 ($22.91). The stock has a market capitalization of $6.31 billion and a price-to-earnings ratio of 21.79. The company has a quick ratio of 1.66, a current ratio of 2.36 and a debt-to-equity ratio of 65.38.

In other news, insider George Buckley acquired 817 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The stock was bought at an average cost of GBX 1,530 ($19.99) per share, for a total transaction of £12,500.10 ($16,333.59).

Smiths Group Company Profile

Smiths Group plc operates as a technology company severing the medical technology, security and defense, general industrial, oil and gas, and space and commercial aerospace markets worldwide. The company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek.

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Analyst Recommendations for Smiths Group (LON:SMIN)

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