Smiths Group PLC (LON:SMIN) Rating Reaffirmed
Stock analysts at Jefferies International now has a GBX 1100.00 target price on Smiths Group PLC (LON:SMIN). Jefferies International and their recent target price implies a potential upside of 18.09% from the company’s last close price. The rating has been shown in a very recent research note on Thursday, 17 December.
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 17.58% above today’s (GBX 940.51) stock price. Smiths Group was the topic of 50 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 15 with “Sector Perform” 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.
The stock increased 0.32% or GBX 3.01 on December 16, striking GBX 940.51. Approximately shares of stock traded hands. Smiths Group plc (LON:SMIN) has declined 20.01% since May 20, 2015 and is downtrending. It has underperformed by 17.74% the S&P500.
Smiths Group plc is a technology company. The company has a market cap of 3.66 billion GBP. The Firm operates through five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. It has 15.24 P/E ratio. John Crane division offers mechanical seals, seal support systems, engineered bearings, power transmission couplings and filtration systems.