Smiths Group plc (LON:SMIN) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Smiths Group plc (LON:SMIN) have been given an average recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 2,876.67.

Several brokerages recently commented on SMIN. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 3,000 price target on shares of Smiths Group in a research note on Friday, May 22nd. JPMorgan Chase & Co. increased their price objective on Smiths Group from GBX 2,810 to GBX 3,100 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,500 price objective on shares of Smiths Group in a report on Wednesday, July 1st. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 2,750 target price on shares of Smiths Group in a research note on Wednesday, July 1st.

Smiths Group Stock Down 0.0%

LON SMIN opened at GBX 2,537 on Friday. The company has a current ratio of 3.04, a quick ratio of 1.29 and a debt-to-equity ratio of 73.19. The stock’s 50 day moving average is GBX 2,600.04 and its two-hundred day moving average is GBX 2,539.61. The company has a market capitalization of £7.48 billion, a price-to-earnings ratio of 33.03, a PEG ratio of 0.35 and a beta of 0.73. Smiths Group has a 1-year low of GBX 2,088 and a 1-year high of GBX 2,754.18.

Insider Transactions at Smiths Group

In other news, insider Richard Howes purchased 67 shares of Smiths Group stock in a transaction on Monday, August 3rd. The shares were purchased at an average cost of GBX 2,658 per share, for a total transaction of £1,780.86. 0.85% of the stock is owned by corporate insiders.

About Smiths Group

For 175 years, we have been pioneers of progress, engineering a better future. Our strategy is to be a focused, efficient and value creating industrial engineering company operating in the attractive and growing market segments of flow control, thermal solutions, construction and aerospace.

We focus on solving the toughest problems for our customers, helping address critical global needs such as decarbonisation and the ever-increasing demand for process and energy efficiency.

We are pioneers of progress.