Smiths Group plc’s (SMIN) “Add” Rating Reaffirmed at Numis Securities Ltd
Numis Securities Ltd reiterated their add rating on shares of Smiths Group plc (LON:SMIN) in a report published on Thursday. Numis Securities Ltd currently has a GBX 1,600 ($20.89) price objective on the stock.
Other research analysts also recently issued research reports about the company. Beaufort Securities restated a hold rating on shares of Smiths Group plc in a research note on Monday. HSBC upped their price objective on Smiths Group plc from GBX 1,100 ($14.36) to GBX 1,300 ($16.97) and gave the company a hold rating in a research note on Tuesday, August 16th. Credit Suisse Group AG restated an outperform rating and issued a GBX 1,280 ($16.71) price objective on shares of Smiths Group plc in a research note on Thursday, August 11th. Royal Bank Of Canada upped their price objective on Smiths Group plc from GBX 1,350 ($17.62) to GBX 1,450 ($18.93) and gave the company an outperform rating in a research note on Wednesday, August 10th. Finally, JPMorgan Chase & Co. restated an overweight rating and issued a GBX 1,300 ($16.97) price objective on shares of Smiths Group plc in a research note on Monday, June 27th. 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. The company presently has a consensus rating of Hold and a consensus target price of GBX 1,247.67 ($16.29).
Shares of Smiths Group plc (LON:SMIN) opened at 1457.00 on Thursday. The company has a 50 day moving average of GBX 1,365.14 and a 200-day moving average of GBX 1,191.94. Smiths Group plc has a 12 month low of GBX 858.00 and a 12 month high of GBX 1,480.00. The firm’s market capitalization is GBX 5.76 billion.
The business also recently disclosed a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 20th will be issued a dividend of GBX 28.75 ($0.38) per share. This is a boost from Smiths Group plc’s previous dividend of $13.25. The ex-dividend date is Thursday, October 20th. This represents a yield of 1.99%.
About Smiths Group plc
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.
Receive News & Stock Ratings for Smiths Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smiths Group plc and related stocks with our FREE daily email newsletter.