Smiths Group plc (SMIN) Price Target Increased to GBX 1,600 by Analysts at JPMorgan Chase & Co.
Smiths Group plc (LON:SMIN) had its price objective raised by JPMorgan Chase & Co. from GBX 1,585 ($20.69) to GBX 1,600 ($20.89) in a research note issued to investors on Thursday morning. The brokerage currently has an overweight rating on the stock.
A number of other research firms also recently commented on SMIN. Credit Suisse Group AG boosted their target price on shares of Smiths Group plc from GBX 1,585 ($20.69) to GBX 1,600 ($20.89) and gave the stock an outperform rating in a report on Thursday. Numis Securities Ltd reiterated an add rating and issued a GBX 1,600 ($20.89) target price on shares of Smiths Group plc in a report on Thursday. Societe Generale boosted their target price on shares of Smiths Group plc from GBX 1,100 ($14.36) to GBX 1,400 ($18.27) and gave the stock a hold rating in a report on Thursday. Beaufort Securities reiterated a hold rating on shares of Smiths Group plc in a report on Monday. Finally, HSBC boosted their target price on shares of Smiths Group plc from GBX 1,100 ($14.36) to GBX 1,300 ($16.97) and gave the stock a hold rating in a report on Tuesday, August 16th. Three analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. Smiths Group plc has an average rating of Hold and a consensus price target of GBX 1,247.67 ($16.29).
Shares of Smiths Group plc (LON:SMIN) opened at 1457.00 on Thursday. The stock has a 50 day moving average of GBX 1,365.14 and a 200-day moving average of GBX 1,191.94. The stock’s market capitalization is GBX 5.76 billion. Smiths Group plc has a one year low of GBX 858.00 and a one year high of GBX 1,480.00.
The firm also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 20th will be paid a GBX 28.75 ($0.38) dividend. The ex-dividend date of this dividend is Thursday, October 20th. This is a boost from Smiths Group plc’s previous dividend of $13.25. This represents a yield of 1.99%.
Smiths Group plc Company Profile
Smiths Group plc is a technology company. The Company operates through five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. John Crane division offers mechanical seals, seal support systems, engineered bearings, power transmission couplings and filtration systems.
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