Smiths Group PLC (LON:SMIN) Stock Upgrade
RBC Capital Markets boosted shares of Smiths Group PLC (LON:SMIN) stock to a solid Sector Performer rating. This recent change was revealed to investors in a recent research report today. The brokerage presently has a GBX 1050.00 target price per share on SMIN.
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 15.00% above today’s (GBX 953.5) stock price. Smiths Group was the topic of 48 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 8 with “Underperform” 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 187,260 shares of stock traded hands. Smiths Group plc (LON:SMIN) has declined 17.25% since May 14, 2015 and is downtrending. It has underperformed by 14.23% the S&P500.
Smiths Group plc is a technology company. The company has a market cap of 3.91 billion GBP. The Firm operates through five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. It has 15.45 P/E ratio. John Crane division offers mechanical seals, seal support systems, engineered bearings, power transmission couplings and filtration systems.