Deutsche Bank reissued their hold rating on shares of Smiths Group (LON:SMIN) in a report issued on Monday, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also recently commented on the stock. Citigroup restated a buy rating on shares of Smiths Group in a report on Friday, April 5th. Royal Bank of Canada lowered their price target on shares of Smiths Group from GBX 1,530 ($19.99) to GBX 1,500 ($19.60) and set an underperform rating on the stock in a report on Monday, April 1st. JPMorgan Chase & Co. restated an overweight rating and set a GBX 1,660 ($21.69) price target on shares of Smiths Group in a report on Monday, March 25th. Liberum Capital restated a hold rating on shares of Smiths Group in a report on Friday, March 22nd. Finally, Credit Suisse Group restated an outperform rating on shares of Smiths Group in a report on Thursday, January 24th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 1,611 ($21.05).
Smiths Group stock opened at GBX 1,526.50 ($19.95) on Monday. The company has a debt-to-equity ratio of 65.38, a quick ratio of 1.66 and a current ratio of 2.36. Smiths Group has a 12 month low of GBX 1,257 ($16.42) and a 12 month high of GBX 1,810 ($23.65). The firm has a market cap of $6.02 billion and a PE ratio of 20.88.
The firm also recently disclosed a dividend, which will be paid on Friday, April 26th. Investors of record on Thursday, April 4th will be issued a GBX 14.10 ($0.18) dividend. This represents a yield of 0.98%. The ex-dividend date is Thursday, April 4th. Smiths Group’s dividend payout ratio is presently 0.62%.
In other Smiths Group news, insider George Buckley acquired 858 shares of the firm’s stock in a transaction that occurred on Thursday, January 31st. The stock was purchased at an average cost of GBX 1,457 ($19.04) per share, for a total transaction of £12,501.06 ($16,334.85).
About Smiths Group
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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