Smiths Group (LON:SMIN) Rating Reaffirmed
In an analyst note issued to clients and investors on Tuesday, 15 December, The “Sector Perform” rating of Smiths Group (LON:SMIN) shares was has decided to restate by RBC Capital Markets, who now has a GBX 1050 target on the stock. RBC Capital Markets’s target provides a possible upside of 13.09% from the current stock price of the company.
From a total of 19 analysts covering Smiths Group (LON:SMIN) stock, 7 rate it a ”Buy”, 6 a “Sell”, and 5 a ”Hold”. This means that 39% of the ratings are positive. The highest target price is GBX 1450 while the lowest target price is GBX 845. The mean of all analyst targets is GBX 1083.42 with a 18.91% above today’s (GBX 930) stock price. Smiths Group was the topic of 49 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets upgraded shares on December 11 to “Sector Performer” rating. Nomura maintained shares with “Buy” rating and GBX 1235 target share price in a report from a November 20. Stifel Nicolaus maintained SMIN stock in a recent report from November 26 with “Buy” rating. Panmure Gordon maintained the rating on November 19. Panmure Gordon has a “Sell” rating and a GBX 850 price target on shares. Finally, BNP Paribas maintained the stock with “Underperform” rating in a report issued on a November 20.
Approximately 158,423 shares of stock traded hands. Smiths Group plc (LON:SMIN) has declined 19.90% since May 18, 2015 and is downtrending. It has underperformed by 16.23% the S&P500.
Smiths Group plc is a technology company. The company has a market cap of 3.59 billion GBP. The Firm operates through five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. It has 15.07 P/E ratio. John Crane division offers mechanical seals, seal support systems, engineered bearings, power transmission couplings and filtration systems.