J P Morgan Chase & Co reaffirmed their overweight rating on shares of Smiths Group plc (LON:SMIN) in a research report report published on Wednesday. J P Morgan Chase & Co currently has a GBX 1,800 ($23.67) price target on the stock.

Several other research analysts have also weighed in on SMIN. Goldman Sachs Group, Inc. (The) reaffirmed a buy rating and set a GBX 1,850 ($24.33) target price on shares of Smiths Group plc in a research note on Friday, September 22nd. reissued a buy rating and issued a GBX 1,900 ($24.99) price objective on shares of Smiths Group plc in a research note on Friday, September 29th. Numis Securities Ltd reissued a hold rating and issued a GBX 1,600 ($21.04) price objective on shares of Smiths Group plc in a research note on Monday, September 25th. Credit Suisse Group reissued an outperform rating on shares of Smiths Group plc in a research note on Friday, October 13th. Finally, BNP Paribas reissued a neutral rating and issued a GBX 1,630 ($21.44) price objective on shares of Smiths Group plc in a research note on Tuesday, July 18th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of GBX 1,754.38 ($23.07).

Smiths Group plc (SMIN) opened at GBX 1,495 ($19.66) on Wednesday. Smiths Group plc has a 12 month low of GBX 1,363 ($17.93) and a 12 month high of GBX 1,685 ($22.16).

Smiths Group plc (LON:SMIN) last announced its earnings results on Friday, September 22nd. The company reported GBX 97.60 ($1.28) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 94.20 ($1.24) by GBX 3.40 ($0.04). The company had revenue of GBX 328 billion during the quarter. Smiths Group plc had a net margin of 16.17% and a return on equity of 27.36%.

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The company also recently declared a dividend, which was paid on Friday, November 17th. Investors of record on Thursday, October 19th were paid a GBX 29.70 ($0.39) dividend. The ex-dividend date was Thursday, October 19th. This represents a yield of 1.94%. This is an increase from Smiths Group plc’s previous dividend of $13.55.

In other news, insider George Buckley purchased 1,111 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was bought at an average price of GBX 1,577 ($20.74) per share, for a total transaction of £17,520.47 ($23,044.15).

About Smiths Group plc

Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. The John Crane division offers mechanical seals, seal support systems, engineered bearings and power transmission couplings, among others. The Smiths Medical division offers infusion systems, vascular access (including safety needles), patient airway and temperature management equipment, and specialty devices in areas of in vitro fertilization, diagnostics and emergency patient transport.

Analyst Recommendations for Smiths Group plc (LON:SMIN)

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